Oil price drop ends kerosene, LPG tax relief
Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
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Daily TribuneTopic
Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
· 1 min read
Nosy Tarsee hears whispers from the tarmac of our main international airport that are enough to make any taxpayer’s blood boil.
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‘Labis pa sa labis ang ‘yong nagawa Mama, pahinga muna, ako na.’
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Which well-known paper-and-stationery-to-agri conglomerate, long helmed by a late Tsinoy tycoon celebrated as a self-made success story and hybrid rice…
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Senators on Wednesday called for a review of taxes on electricity, saying these continue to add to the burden of Filipino consumers amid concerns over power…
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Aboitiz Equity Ventures Inc. (AEV) said it is strengthening its portfolio to deliver long-term shareholder value, reporting a 14 percent increase in…
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‘The reduction in taxes paid by businesses is expected to decrease the city’s projected revenues.’
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Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
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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 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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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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‘Any shaving of the price will help, whether it’s small or big.’
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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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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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“What good is the grass if the horse is already dead?”
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