Legarda: VAT suspension bill now in Congress
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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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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Senator Imee Marcos on Sunday renewed her call for the government to suspend the value-added tax on petroleum products, citing the crippling impact of high…
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Senator Imee Marcos renewed her call for the government to suspend the value-added tax (VAT) on petroleum products, citing the worsening impact of high fuel…
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‘The message is clear: Illegal activities — whether economic or environmental — will not be tolerated.’
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The Department of Health (DoH) is monitoring the prices of 10 essential medicines in high demand as the global oil crisis continues to drive up the cost of…
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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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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 prices of basic goods in supermarkets will remain unchanged until the end of the month, the Department of Trade and Industry (DTI) has announced.
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Senate President Pro Tempore Panfilo Lacson called Sunday for decisive and “extreme” government intervention to shield Filipinos from surging fuel prices,…
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At a time when many economies are bracing for inflationary shocks from volatile energy markets, Roque has assured the public that the Philippines has so far…
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Senate President Pro Tempore Panfilo Lacson on Sunday called for decisive, even “extreme” government intervention to protect Filipinos from…
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Nosy Tarsee has learned from Makati boardroom insiders of a prominent consumer goods company’s decision to sell a 21-percent stake in its instant noodle joint…
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Senator Loren Legarda is considering a Bayanihan 3 Law that would grant President Ferdinand Marcos Jr. more special powers, including to temporarily waive the…
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The Department of Finance (DoF), upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax…
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The Senior Citizens Partylist has welcomed the Bureau of Internal Revenue’s (BIR) recent enforcement of Value Added Tax (VAT) removal on the sale and purchase…
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The Department of Trade and Industry (DTI) on Wednesday assured the public that there will be no increase in prices of basic necessities for the next 30 days,…
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As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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