DOF launching OF Bank, E-Invoicing project in Q3

Even with a national health crisis now besetting the country, the Department of Finance (DOF) is ready to launch by the third quarter of this year two digital-based programs aimed…

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BIR, BOC collections dip further in April amid pandemic

Total collections of the Bureau of Internal Revenue (BIR) from January 1 to April 30 this year dived further to P527.41 billion, which is P179.37 billion or 25.4 percent below…

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DOF warns public vs bogus cryptocurrency platform

The Department of Finance (DOF) has warned the public about fake news and malicious misinformation alleging that the Philippines is creating “a platform for the citizens of the Philippines to…

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DOF orders local treasurers to monitor Bayanihan grants to LGUs

The Department of Finance (DOF) has directed local treasurers to report the expenditures under the “Bayanihan" grants that were released to local government units (LGUs) to help them address the…

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DOF releases P16.4-B subsidies to 2.1-M SBWS beneficiary-workers

The first tranche of a two-month wage subsidy package has been credited to the accounts of more than 2.1 million qualified beneficiary-workers of the Small Business Wage Subsidy (SBWS) program,…

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