Tag: revenue collection

Customs bureau surpasses November collection target by P6.941 billion

(Eagle News) — The Bureau of Customs surpassed its November collection target by P6.941 billion. According to the bureau’s Revenue Collection Monitoring Group, the bureau’s revenue collection of P58.789 billion for last month was 13.39% higher than its target of P51.847 billion. The RCMG said twelve out of the seventeen collection districts exceeded their target for the month. These were the Ports of San Fernando, MICP, NAIA, Batangas, Legaspi, Iloilo, Tacloban, Zamboanga, Davao, Subic, Clark, and […]

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Bureau of Customs posts P3-billion revenue collection surplus in January

(Eagle News) — The Bureau of Customs posted a P3-billion collection surplus in January amid the COVID-19 pandemic. The bureau said the P47.143 billion it collected last month was P3.051 billion more than the P44.092 billion January 2021 collection target. That translates to an increase of 6.92 percent. According to the bureau, based on the preliminary report from the bureau’s Financial Service unit, eleven out of the seventeen collection districts surpassed their January 2021 collection […]

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Customs bureau surpasses June target revenue collection by P1.8 billion

(Eagle News)–The Bureau of Customs has surpassed its June 2020 revenue collection target by P1.8 billion, with P42.539 billion collected that month. The Customs bureau said the amount, which it said it collected  despite the effects of COVID-19 to the overall trading environment and the stringent community quarantine, represents an increase by 4.4 percent from its target of P40.739 billion. According to the BOC, based on the preliminary report from the BOC-Financial Service, eleven of […]

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BIR posts higher November collection of P157-B

MANILA, Dec. 20 – The Bureau of Internal Revenue (BIR) posted a 15 percent revenue collection increase to P157.3 billion in November from its year-ago performance. The BIR said in a report to Finance Secretary Carlos Dominguez III that it collected P157.29 billion last month, or 15.34 percent higher than its November 2015 collection of P136.37 billion. This year’s total collection of the BIR has reached P1.454 trillion as of Nov. 30, which is P127.41 […]

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