Tag: fuel excise tax

Pres. Duterte okays additional P200 monthly subsidy for 1 year for 12 million low-income households

DOF chief Dominguez: “We realize that this is not enough. But this is what we can afford, as of this time” (Eagle News) – President Rodrigo Duterte has approved the recommendation of the Department of Finance to provide P200 additional subsidy per family per month for 12 million low-income households in the Philippines, or a total of P33.1 billion. Malacanang said this on Wednesday, March 16, as the DOF pressed for more benefits to be […]

Gatchalian: Gov’t decision to suspend fuel excise tax “very timely”

(Eagle News) — Senator Sherwin Gatchalian expressed support for the government’s decision to suspend the second round of excise tax on petroleum products, calling it “very timely.” “Kahit pa bumaba ang presyo ng petrolyo sa nakaraang mga araw at inaasahan na patuloy pa itong bababa sa susunod na taon, sinusuportahan ko ang suspension ng fuel excise tax to give the people a reprieve from the effects of the high inflation rates we had the past […]

Opposition senators file reso urging suspension of fuel excise tax

(Eagle News) — Minority senators on Wednesday, Oct. 10, filed a joint resolution calling for the suspension of the excise tax under the Tax Reform for Acceleration and Inclusion  Law and mandating the rollback of levy on fuel to December 31, 2017 rates. In filing Senate Joint Resolution No. 15, Senators Franklin Drilon, Francis Pangilinan, Bam Aquino, Risa Hontiveros, Antonio Trillanes and detained Senator Leila de Lima expressed hope the Senate would “take a unified stance on […]