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Finance Secretary Ralph Recto, newly in his Cabinet role, aims to generate P4.3 trillion in revenue this year. The focus is on enhancing social services, generating jobs, and sustaining economic recovery despite the ongoing pandemic impact. The…
CEBU CITY, Philippines – Starting December 1, Filipinos no longer need to physically queue inside the Bureau of Internal Revenue (BIR) to get their Taxpayer Identification Number or TIN. The BIR on December 1 announced the launching…
The Bureau of Internal Revenue (BIR) offered welcome, timely support to current government efforts at “right-sizing” bureaucracy to improve public service. It announced that taxpayers can now file and pay their taxes in any accredited bank or…
LAPU-LAPU CITY, Philippines — The camp of Cordova mayor-elect Cesar “Didoy” Suan said they have already submitted the necessary documents to re-open the around 30 “Mr. Liempo” branches in Cebu. Earlier, the Bureau of Internal Revenue (BIR)…
CEBU CITY, Philippines — Cebu educational institutions, along with parents and teachers associations, are calling for the amendment of the Bureau of Internal Revenue (BIR) Revenue Regulations No. 5–2021 that imposes a 25 percent tax rate on…
CEBU CITY, Philippines — The Senate Blue Ribbon Committee has instructed the Land Transportation Office in Central Visayas (LTO-7) to go after the motorcycle dealers allegedly falsifying documents and cheating their customers of proper registrations. The Blue…
MANILA, Philippines — A pandemic-induced drop in revenues while the government spent more to fight COVID-19 widened the budget deficit by 1,510.6 percent year-on-year to P40.1 billion in August, the government reported on Wednesday, September 23, 2020.…
Government spending to fight the new coronavirus disease (COVID-19) has bloated public expenditures during the first seven months, widening the end-July budget deficit to P700.6 billion while tax and nontax revenues remained weak due to the pandemic-induced…
CEBU CITY, Philippines — The Philippine Health Insurance Corporation (PhilHeath) will increase the premium that they are collecting from their members starting January this year. Dina Cinchez, Public Information Officer of PhilHealth in Cebu City, said that…
The National Bureau of Investigation (NBI) has filed before the Makati Prosecutor’s Office a criminal complaint against the Metropolitan Bank and Trust Company (Metrobank) executive who was arrested last Monday for attempting to pocket P2.25-million loan payment…
CEBU CITY–Assert yourselves. Hoping to eradicate or lessen corruption, President Rodrigo Duterte called on Filipinos not to remain silent and to instead stand up against irregularities in government. “The thing about corruption is that Filipinos are not…
A customs official in Cebu hoped that the surplus in import taxes and duties collected in 2016 would help change the public’s perception on the Bureau of Customs (BOC) and its workers. Cebu district collector Rico Rey…
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