MANILA, Apr. 14 — The Department of Budget and Management (DBM) announced the release of the 40-percent share of Local Government Units (LGUs) from mining taxes in the amount of P233.8 million. The amount pertains to the LGU share from excise taxes collected from the mining industry between December 2011 and the fourth quarter of 2014. “We have issued the allotment and corresponding cash allocation for the release of the lawful share of LGUs in […]