
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
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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

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…
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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…
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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…
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The National Tobacco Administration (NTA) has given recognition to Customs Commissioner Ariel Nepomuceno for his agency's sustained efforts in combating…
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Amazon founder Jeff Bezos said artificial intelligence (AI) will increase demand for workers rather than make people redundant, arguing that the technology…
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The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to help cushion the impact of financial market…
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The study found that most Filipinos have only about P50,000 in emergency savings, a level that may be insufficient to cover unexpected medical costs.
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The Philippine government is seeking up to $1.5 billion in emergency financing from the Asian Development Bank (ADB) to help cushion the economy from the…
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The case stemmed from the BIR’s complaint for willful failure to supply correct and accurate information in the respondents’ 2010 income tax return.
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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…
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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…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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Interior and Local Government Secretary Jonvic Remulla vowed Friday to pursue those behind the illegal tobacco trade to the fullest extent of the law,…
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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…
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Interior and Local Government Secretary Jonvic Remulla on Friday vowed to pursue illegal tobacco syndicates "to the fullest extent of the law," stressing that…
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The government is intensifying its campaign against the illicit tobacco trade as illegal activities continue to threaten billions of pesos in public revenues,…
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The government is intensifying its campaign against illicit tobacco trade as illegal activities continue to threaten billions of pesos in public revenues, with…
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