PCCI seeks bold reforms in lowering power costs
The Chamber stressed, however, that deeper reforms are urgently needed to secure affordable, reliable, and sustainable power nationwide.
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Daily TribuneTopic
The Chamber stressed, however, that deeper reforms are urgently needed to secure affordable, reliable, and sustainable power nationwide.
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Senior Deputy Majority Leader Sen. JV Ejercito has filed two bills seeking to lower electricity rates by removing the system loss charge passed on to consumers…
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‘There will be a rollback despite reports about the situation in the Strait of Hormuz. Even if developments occur today or tomorrow, fuel prices should remain…
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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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The Commission on Elections (Comelec) is implementing cost-cutting measures to reduce the projected P191-million budget for an upcoming special election in the…
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The Supreme Court (SC) has updated the rules governing when the processing period begins for value-added tax (VAT) refund claims, clarifying procedures that…
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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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The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
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Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
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The Bureau of Internal Revenue (BIR) filed a criminal complaint Thursday with the Department of Justice against Lobelle Commodities Corp. for allegedly evading…
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... But Proposals regarding VAT on electricity are under the DOE; what the agency could do, instead, is provide technical input on the potential impact of such…
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Various lawmakers called for bills on the abolishment of Value Added Tax (VAT) and increase in minimum wage to be passed in the House as they participated in…
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Senior Citizens Partylist Rep. Rodolfo Ordanes on Wednesday expressed support for a Senate initiative to review taxes embedded in electricity bills, saying the…
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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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In the Philippines, anything that requires legislation and presidential approval moves slowly. What we need is leadership that acts with speed and urgency.
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Senator Loren Legarda filed Senate Bill 2043, a temporary measure authorizing the suspension or reduction of value-added tax (VAT) on fuel on 15 April.
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Shell will implement the highest rollback among oil companies, cutting gasoline prices by P6.50 per liter, kerosene by P11.50 per liter, and diesel by P23 per…
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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