
Budget deficit widens despite strong tax collections
The national government’s budget deficit widened to P198.5 billion in May, up 36.7 percent from P145.2 billion a year earlier, as lower non-tax revenues offset…
· 2 min read
Topic

The national government’s budget deficit widened to P198.5 billion in May, up 36.7 percent from P145.2 billion a year earlier, as lower non-tax revenues offset…
· 2 min read

Police arrested an Australian national and three Filipino companions after they allegedly occupied a private property owned by a 91-year-old man and refused to…
· 1 min read

The Bureau of Internal Revenue (BIR) said the Department of Justice (DoJ) has found probable cause to file 44 criminal tax cases against former Department of…
· 2 min read

The House prosecution panel has asked the Senate impeachment court to allow the opening of a sealed box containing the tax records of Vice President Sara…
· 2 min read

Local government units (LGUs) next year will be allotted a total of P1.32 trillion in the form of National Tax Allotments (NTAs), the LGUs’ constitutionally…
· 2 min read

A long-standing land dispute in Taguig City escalated into violence Wednesday afternoon, leaving eight people injured and resulting in the arrest of three…
· 2 min read

Our inflation is going bonkers at almost a 7-percent clip, which is way over the 2- to 4-percent target of our economic planners.
· 3 min read

The case stemmed from the BIR’s complaint for willful failure to supply correct and accurate information in the respondents’ 2010 income tax return.
· 2 min read

Thirteen years. That’s how long a domestic miner fought for a tax exemption it already had on paper. The Supreme Court just told the Bureau of Internal Revenue…
· 2 min read

The children of pork barrel scam mastermind Janet Lim Napoles were acquitted by the Court of Tax Appeals (CTA) en banc of tax evasion charges filed by the…
· 2 min read

The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
· 3 min read

‘Sweet words and coming up with alibis cannot excuse the plummeting net satisfaction rating of the President.’
· 4 min read

MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
· 2 min read
A newly identified drug personality was arrested by police authorities in a buy-bust operation in Barangay Lower Bicutan, Taguig City on Friday night.
· 1 min read

Early buyers usually get better unit options such as floor level location layout and view. In property terms, this is control. You choose position before the…
· 3 min read

The Bangko Sentral ng Pilipinas (BSP) expects inflation to remain above its 3 percent target until 2028 as the effects of the Gulf conflict continue to ripple…
· 2 min read

The Supreme Court (SC) has clarified when the processing period begins for value-added tax (VAT) refund claims, updating existing rules to reflect changes in…
· 2 min read

The Philippine Stock Exchange Index (PSEi) rebounded 38.85 points, or 0.64 percent, to 6,153.66 on Thursday while the peso depreciated to P60.56 from P60.39…
· 2 min read

