Tag: Department of Finance (DOF)
PDIC excess funds ‘unrestricted’
DOF defends use of P107B idle remittances
The Department of Finance (DOF) said the excess funds of P107.23 billion remitted by the Philippine Deposit Insurance Corp....
DOF to listen to comments on tobacco excise tax proposals
Finance Secretary Ralph Recto said the Department of Finance (DOF) is willing to listen to all stakeholders amid congressional calls for a moratorium on...
LGUs to receive 35% NTA share in ‘26
Local government units (LGUs) can expect to receive as much as 35 percent national tax allotment (NTA) shares by next year, which is already...
DOF resolves mayors’ concerns over P1.03-T tax allotment
Concerns raised earlier by local government units on how the trillion-peso National Tax Allotment is computed have been resolved during a “productive” dialogue yesterday...
PDIC idle funds transfers ends alarm bells
Diverting such funds ‘dangerous’ – ex-DOF official
Diverting any idle state funds to non-mandated purposes such as the Philippine Deposit Insurance Corp. (PDIC) remittances now with...
