Gov’t ditches tax cuts on gas, diesel
Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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Daily TribuneTopic
Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
· 3 MIN READ
Department of Finance (DOF) Undersecretary Karlo Fermin Adriano said that a revenue loss of P43.6 billion is projected if the suspension of excise tax on…
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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President Ferdinand Marcos Jr. is set to announce a crucial decision on fuel excise taxes within this week, a move that could bring immediate relief to…
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Department of Finance (DOF) Undersecretary Rolando Ligon Jr. said the proposed suspension of excise tax on fuel remains pending, awaiting approval from…
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‘Any shaving of the price will help, whether it’s small or big.’
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BAGUIO CITY — Motorists in Baguio City saw a mix of slight fuel price decreases and continued limited availability of some products, based on the latest…
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These initiatives reflect what can be achieved when the national government and local government units complement each other.
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Senator Christopher “Bong” Go has filed a measure seeking urgent relief interventions to protect Filipinos from the impact of surging fuel prices, including…
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More than 21,000 tricycle drivers and driver-operators outside Metro Manila have received cash relief assistance during the second day of the simultaneous Cash…
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BAGUIO CITY — Small beginnings, big impact.
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As House Committee on Ways and Means chairperson, Marikina City 2nd District Rep. Miro Quimbo expressed opposition to the proposed removal of the value-added…
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The latest performance ranks among the bureau’s strongest, second only to the record collections posted in Q3 2025. ‘The Bureau of Customs’ highest-ever…
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Cha Eun-woo revealed Wednesday he’s fully paid the taxes fueling massive evasion allegations.
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Education Secretary Sonny Angara on Wednesday threw his support behind continuing tax incentives for schools and education providers to help them navigate…
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
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Filipinos may face prolonged high fuel prices as global disruptions in the Middle East continue to affect the oil supply, making a quick rollback unlikely.…
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The problem is not only the tax bill itself. The real problem is poor preparation.
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