DOF thanks Congress for approving ‘sin’ tax reform bill
Finance Secretary Carlos Dominguez III has thanked the Senate and the House of Representatives for passing this week a new "sin" tax reform bill that provides substantially higher excise tax…
Finance Secretary Carlos Dominguez III has thanked the Senate and the House of Representatives for passing this week a new "sin" tax reform bill that provides substantially higher excise tax…
The Department of Finance (DOF) aims to complete the full shift to an electronic invoicing system by December 2022 as part of the digital transformation in tax administration that the…
Provinces and cities are losing an estimated P30.5 billion in total foregone revenues as a result of outdated real property values, underscoring the need for valuation reforms in the real…
The Universal Health Care (UHC) Act will be downgraded from being a first-class law to a third-rate one, with its implementation either failing to equitably serve all Filipinos or its…
The Department of Agriculture (DA) has presented to the Cabinet’s Economic Development Cluster (EDC) a three-pronged approach that includes distributing certified rice seeds and fertilizers to farmers and importing corn…
Dividends remitted by government-owned and -controlled corporations (GOCCs) as of mid-May this year have already reached P38.9 billion, which is only 3 percent shy of the P40.17 billion in actual…
The four-month budget deadlock in the Congress severely held back government efforts to boost spending on infrastructure and social services at the onset of 2019, handicapping growth from soaring to…
Various organizations, from health advocacy groups to rural poor associations, have voiced their unequivocal support for the swift approval by the Congress of measures that would impose higher “sin” taxes…
Finance Secretary Carlos Dominguez III has made an 11th-hour appeal to senators to speed up the approval of a new "sin" tax reform law that would further impose higher excise…
The delay in passing the 2019 budget during the first three months of this year hit our economy hard. Public spending plays a crucial role in supporting the rapid expansion…