Revenue collections of the Bureau of Internal Revenue are broken down into two, namely: (1) from BIR Operations all collections except those resulting from government borrowings by the Bureau of…
CLAIMS of tobacco and liquor companies against the proposed sin tax reform are exaggerated and taken out of context, an official said, standing pat on the benefits of excise tax…
The fate of a number of revenue officials were sealed when the Office of the Ombudsman handed down preventive suspensions, criminal indictments, and a lone dismissal from the service against…
CUSTOMS clerk PAULINO C. ELEVADO IV, whose infamous escapade on board a white Porsche was pressed by the Finance Department-led Revenue Integrity Protection Service (RIPS) on February 17, 2012 with…
Countless Filipino lives may have been saved from the recent seizure of over Php400 million worth of illegally imported fake medicines, cell phone batteries and cell phone chargers among others,…
The unrelenting campaign of the Bureau of Customs (BOC) to flush out smuggling has once again caused the seizure of P31.8 million worth of misdeclared and undervalued candies, outboard motors,…
The Finance department is looking at increasing pre-need companies' capitalization five times more than the prevailing amount, a Cabinet official said, in light of the Prudentialife Plans, Inc.'s present financial…
TRANSCRIPT: Speech [As delivered], Finance Sec. Cesar V. Purisima, February 10, 2012. *First 8 minutes inaudible Interest rates are shrinking. In fact, bank will have challenging times also making money.…
TRANSCRIPT: (Reuters) Purisima, CVPs residence, February 10, 2012. On inflation Purisima: The main drivers of inflation in the Philippines are food and oil prices. On the part of the food,…
For the second time, an employee from a government financial institution flunked the lifestyle investigation conducted by the Revenue Integrity Protection Service (RIPS). RIPS lodged criminal and administrative complaints with…
