
Marcos puts AKAP under ‘conditional implementation’
President Ferdinand R. Marcos Jr. has approved the funding next year for the Ayuda Para sa Kapos ang Kita Program (AKAP) but placed it under conditional…
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President Ferdinand R. Marcos Jr. has approved the funding next year for the Ayuda Para sa Kapos ang Kita Program (AKAP) but placed it under conditional…
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President Ferdinand Marcos Jr. and his economic team went through the 2025 national budget with a fine-tooth comb to ensure that it follows the Constitution…
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Rest assured, we are working non-stop to strengthen the efficiency, transparency and integrity of our tax system to inspire trust and compliance among our…
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After surpassing their investment approvals for this year, the Board of Investments (BoI) now targets P1.75 trillion worth of fresh investments for next year,…
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Senator Imee Marcos has called on her brother, President Ferdinand “Bongbong” Marcos Jr., to heed the public sentiment on certain provisions in the proposed…
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The Bureau of Internal Revenue (BIR) has exempted 16 more medicines for cancer, diabetes, and mental illnesses from the value-added tax (VAT).
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The Bureau of Internal Revenue (BIR) on Thursday said its agents will be deploying a massive probe on Filipinos using fake IDs for persons with disabilities…
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The House of Representatives approved late Wednesday the ratified version of the 2025 General Appropriations Bill (GAB), containing the P6.352…
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‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
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As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
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President Ferdinand "Bongbong" R. Marcos Jr. sees the newly enacted measure, which provides a refund of Value Added Tax (VAT) for foreign tourists, as a way to…
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The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
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It’s one of our initiatives to further promote transparency, informed decision-making, as well as effective budget oversight
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The proposed P6.352-trillion 2025 General Appropriations Bill remains on track despite the ongoing feud between President Ferdinand Marcos Jr. and Vice…
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‘Such a regulation was enacted without adequate consultations and fails to consider the affordability levels of our community, especially in rural areas that…
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‘In BIR, there is a certain threshold of P3 million. Since they exceeded the threshold, they have to register as a VAT taxpayer, which they failed to do. This…
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The Bureau of Internal Revenue in Central Visayas (BIR-13) temporarily suspended the operations of a restaurant in Mabolo, Cebu City, and a warehouse in…
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The government has exempted more cancer, diabetes, and mental health medicines from value-added tax (VAT), days after the signing of the CREATE MORE Act.
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