Crisis grows; will cowers
Suspending the excise tax on all oil products would deliver direct monthly savings of P37 to P70 for most people.
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Daily TribuneTopic
Suspending the excise tax on all oil products would deliver direct monthly savings of P37 to P70 for most people.
· 3 MIN READ
House Committee on Ways and Means Chairperson Miro Quimbo said that a total suspension of Value Added Tax (VAT) and excise tax on all fuel products could…
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The Bureau of Internal Revenue (BIR) posted gross collection totaling P198.755 billion in March 2026, up by P21.086 billion or 11.87 percent from the same…
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The undersecretary asserted that the DoF’s consideration came down to who would benefit the most from the enactment of such a ruling which, in the case of LPG…
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Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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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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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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The problem is not only the tax bill itself. The real problem is poor preparation.
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Global prices have spiked due to the disruptions in the Strait of Hormuz. Local pump prices are among the highest in Southeast Asia.
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Isusumite ngayong araw ng Development Budget Coordination Committee (DBCC) kay Pangulong Bongbong Marcos ang kanilang rekomendasyon tungkol sa fuel excise tax.
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