News

Dagdag-singil ng Maynilad, posible pang di matuloy

ABS-CBN News
Posted at Oct 18 09:02 PM

Nagbanta nitong Huwebes ang Metropolitan Waterworks and Sewerage System-Regulatory Office na sususpendehin ang kaaapruba lang na dagdag-singil sa tubig ng Maynilad. Read more »

Former PEZA chief slams 2nd tax reform package

ABS-CBN News
Posted at Oct 17 11:38 PM

But the government insists improving global competitiveness and soaring foreign direct investments in the country would justify rationalizing incentives. Read more »

Walang dagdag: Fuel subsidy sa mga pumapasada ng jeep ipinako na

ABS-CBN News
Posted at Oct 17 07:28 PM

Hindi na dadagdagan ang halaga ng mga Pantawid Pasada card dahil sa suspensiyon ng dagdag sa buwis sa langis sa susunod na taon, sabi nitong Miyerkoles ni Budget Secretary Benjamin Diokno.   Read more »

New car sales in Philippines likely to suffer first drop in 7 years

Kyodo News
Posted at Oct 16 11:24 PM

New car sales this year in the Philippines are likely to sustain the first decline in seven years due largely to newly implemented higher excise taxes on automobiles.   Read more »

DBCC creates task force to review potential expenditure cuts

ABS-CBN News
Posted at Oct 16 03:40 PM

The task force will review possible expenditures that could be “calibrated” such as the purchase of cars and the budget for creating new positions   Read more »

Grupo di kontento sa pagsuspende ng dagdag-buwis sa langis

ABS-CBN News
Updated as of Oct 15 10:07 PM

Hindi kontento ang mga militanteng grupo sa pagsuspende ng gobyerno sa dagdag-buwis sa langis para sa susunod sa taon bilang hakbang upang makaagapay ang mga konsumer sa taas-presyo ng mga bilihin.  Read more »

Villar, Poe justify TRAIN support; blame gov’t, traders for higher cost of goods

Katrina Domingo, ABS-CBN News
Posted at Oct 15 02:20 PM

Some traders and executive agencies, and not the government’s tax reform program, should be blamed for the rising cost of living in the country, 2 re-electionist senators who helped pass the measure said Monday. Read more »

Senators ask Duterte to suspend further increase in fuel excise taxes

ABS-CBN News
Posted at Oct 14 06:33 PM

Majority senators have asked President Rodrigo Duterte to suspend the second tranche of fuel excise taxes under the Tax Reform for Acceleration and Inclusion (TRAIN) law. Read more »

Gov't suspends 2nd tranche of fuel excise taxes to tame inflation

ABS-CBN News
Updated as of Oct 14 07:19 PM

The government is suspending the implementation of the second tranche of fuel excise taxes, originally scheduled next year, to keep inflation in check, the Department of Finance confirmed Sunday. Read more »

BIR files tax raps vs real estate firm, 2 businessmen

Mike Navallo, ABS-CBN News
Posted at Oct 12 03:29 PM

The Bureau of Internal Revenue on Friday filed tax evasion charges against two businessmen and a corporation based in Northern Luzon over about P16 million in total deficiencies. Read more »

'Stop the TRAIN excise tax on fuel'

Junny Roy, ABS-CBN News
Posted at Oct 10 07:36 PM

Senator Bam Aquino, with Senator Francis Pangilinan, files a resolution to stop the excise tax on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, at the Senate legal office on Wednesday.  Read more »

Minority senators ask Duterte to suspend excise tax on fuel

Sherrie Ann Torres, ABS-CBN News
Posted at Oct 10 05:34 PM

A suspension of the excise tax, according to Senator Bam Aquino, would mean a P2 price reduction per liter of gasoline and diesel and P1 decrease in price of kerosene. Read more »

Senators not yet keen on passing TRABAHO bill, says Zubiri

Sherrie Ann Torres, ABS-CBN News
Posted at Oct 09 10:36 PM

MANILA - The Senate is unlikely to pass the second package of tax reforms this year, but will try to pass a bill granting amnesty to delinquent tax payers, a senator said on Tuesday.  Read more »

CTA dismisses BIR’s P4.2 billion tax deficiency case vs. PSALM

Adrian Ayalin, ABS-CBN News
Posted at Oct 09 09:18 PM

In the CTA en banc decision promulgated October 1, 2018, the court said it does not have jurisdiction over disputes between government agencies. Read more »

Duterte on suspending fuel tax: 'Maybe'

Dharel Placido, ABS-CBN News
Posted at Oct 09 08:56 PM

MANILA - President Rodrigo Duterte on Tuesday said he may be open to suspending the excise tax on oil amid the soaring price of crude in the world market, which has contributed to the country’s quickening inflation. Read more »

DOF: Dubai crude price average in Q4 to determine fate of excise tax hike

ABS-CBN News
Posted at Oct 09 10:32 AM

The first tranche of tax reforms set an $80 per barrel threshold for the automatic suspension of further excise duty increases. The price of Dubai crude recently hit that level. Read more »

China punishes taxmen who investigated Fan Bingbing

Agence France-Presse
Posted at Oct 09 12:21 AM

Officials who investigated Chinese superstar Fan Bingbing for tax evasion have been punished for "poor management", state media reported Monday. Read more »

Senate delays passage of 'TRABAHO' bill pending review on jobs impact

ABS-CBN News
Posted at Oct 08 11:58 PM

The Duterte administration's second tax reform package faces more delays as government agencies work to shed more light on the measure's possible effect on employment.  Read more »

Sigarilyong may pekeng tax stamp, nasamsam sa Tacloban

ABS-CBN News
Posted at Oct 05 07:29 AM

TACLOBAN CITY - Sinalakay ng mga awtoridad ang isang warehouse sa Barangay 74, Tacloban City na naglalaman ng mga sigarilyong peke ang tax stamp. Read more »

Filipinos interested in books but have little budget: survey

Kristine Sabillo, ABS-CBN News
Posted at Oct 05 01:45 AM

College student Jash Cruz is among the many millennials still smitten with young adult books. Read more »