BIR collections up 15 pct in November | ABS-CBN

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BIR collections up 15 pct in November

BIR collections up 15 pct in November

ABS-CBN News

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MANILA - Tax collections increased 15.34 percent in November, in a boost to the government's drive to rebuild the country's infrastructure, the Bureau of Internal Revenue (BIR) said Monday.

A streamlined collection process helped the BIR collect P157.29 billion for the month, up from P136.37 billion during the same period last year, the agency said.

Total collections from January to November rose 9.6 percent to P1.454 trillion, the BIR said.

The Development Budget Coordinating Committee has set a full-year collection goal of P1.62 trillion for the BIR.

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