ERC moves to scrap VAT on system loss
Power generators, the National Grid Corporation of the Philippines (NGCP), and distribution utilities may soon exclude system loss charges from their gross…
· 2 MIN READ
Daily TribuneTopic
Power generators, the National Grid Corporation of the Philippines (NGCP), and distribution utilities may soon exclude system loss charges from their gross…
· 2 MIN READ
The House Committee on Ways and Means on Monday, 10 August, approved a measure seeking to raise the annual income tax exemption threshold from P250,000 to…
· 2 MIN READ
The Bureau of Internal Revenue (BIR) said the number of value-added tax (VAT)-exempt medicines has increased to 2,277 following the inclusion of 14 additional…
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Ilocos Norte Second District Representative Angelo Marcos Barba is preparing to file legislation that would raise the National Tax Allotment for local…
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‘The quickest way to improve a family’s finances is not always by giving them more — it is by allowing them to keep more of what they have already earned.’
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India is moving to expand tax incentives for foreign investors and manufacturers as Prime Minister Narendra Modi seeks to strengthen the country’s appeal as a…
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Senate Senior Deputy Majority Leader JV Ejercito on Tuesday backed a measure that seeks to make it easier for the government to identify and utilize suitable…
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The Marcos administration said it will push the passage of the tax reform package within the year, stressing that the measures are intended to provide tax…
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The Department of Finance (DOF) is proposing higher excise taxes on sweetened beverages, e-cigarettes, alcohol, plastics and vehicles to offset revenue losses…
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Residential customers of Manila Electric Co. (Meralco) consuming around 200 kilowatt-hours (kWh) a month are expected to save a little over P100 on their…
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ILOILO CITY — Iloilo City Mayor Raisa Treñas is encouraging homeowners to invest in solar panels as part of the city’s renewable energy campaign, saying the…
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Quick research shows that Meralco loses about 5.72 percent of the electricity passing through its system, still below the government’s allowable limit of 6.5…
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Dismayado ang ilang mga netizens dahil sa mga isyung hindi nabanggit ni Pangulong Ferdinand "Bongbong" Marcos Jr. sa kaniyang ikalimang State of the Nation…
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Power firms will not go bankrupt if the government pushes measures to scrap the non-technical system loss in electricity bills, as it accounts for only 1.5…
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Navotas Rep. Toby Tiangco has refiled a bill seeking to remove the system loss charge from consumers’ monthly electricity bills following President Ferdinand…
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Will the Senate impeachment court be opening a Pandora’s Box that could damn Vice President Sara Duterte, or will out pop a Jack in the Box, leaving the House…
· 3 MIN READ
President Ferdinand Marcos Jr. approved the release of the tax records of Vice President Sara Duterte and her husband, lawyer Manases Carpio, to support the…
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