
Senate-authored bill on excise tax accepted in House
A bill that originated from the Senate sought to give administrative powers to President Ferdinand Marcos, Jr. to temporarily suspend excise taxes on fuel was…
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A bill that originated from the Senate sought to give administrative powers to President Ferdinand Marcos, Jr. to temporarily suspend excise taxes on fuel was…
· 1 min read

The PSEi closed Wednesday at 6,055.45, rising 0.49 percent, as the market extended its rebound on continued bargain hunting.
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There may be a long-term upside from a decade of underrated Philippine stocks, with more than 300 institutional and high net-worth investors, financial…
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The market recovered a bit after three consecutive days of decline, supported by Wall Street’s overnight gains. The peso appreciated to P59.80 from P59.87…
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Racing against surging fuel costs, the government is moving to secure up to 2 million barrels of additional oil supply as global prices hit record highs, even…
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When the government has limited resources to spare, each peso spent (or foregone) should be well thought out.
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The Senate on Tuesday approved a priority measure granting President Marcos Jr. emergency powers to suspend or reduce…
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Each jeepney driver, for instance, assuming that they operate 300 days a year, shells out P135,000 in fuel taxes.
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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The government has ordered a reduction in passenger service charges at state-run airports to help airlines cope with soaring jet fuel prices linked to the…
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Inihain ni Senadora Loren Legarda ang Senate Bill No. 1942 o ang panukalang “Fuel Price Relief Act" na naglalayong maglatag ng malinaw na patakaran upang…
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Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
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Senator Loren Legarda has unveiled a three-pronged legislative push to lighten the load on Filipino households by overhauling the country’s value-added tax…
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House Speaker Faustino Dy III said he is open to revisiting the National Tax Allotment framework and reviewing the 35-year-old Local Government Code to help…
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The House of Representatives approved on second reading Wednesday a measure that would authorize President Ferdinand Marcos Jr. to temporarily suspend or…
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The House Committee on Appropriations has approved a measure to scrap the travel tax, moving the proposal closer to a plenary vote while securing assurances…
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NEW YORK — President Ferdinand Marcos Jr. said he will declare as urgent the proposed House bill granting him temporary powers to reduce or suspend the excise…
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Congress’ plan to suspend the excise tax on petroleum products amid the oil crisis caused by the Israel-United States war on Iran could slow inflation, but…
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