Tag: DOF
DOF chief: P80B budget items not aligned with gov’t priorities
President Ferdinand Marcos Jr. vetoed between P60 billion and P80 billion under this year's P6.326 trillion budget because it did not align with the administration's...
Escudero pushes standby power for president, DOF, to cut oil VAT amid price shocks
Senate President Francis Escudero on Wednesday said he will refile a measure in the next Congress granting standby authority to the Department of Finance...
GOCCs remit P76B to govt mid-May: Full-yr 2025 GOCC remittances to surpass 2024 record P138.456B — DOF
Government-owned or -controlled corporations (GOCCs) have remitted to the national government more than P76 billion in dividends from their earnings as of May 15,...
Passive income tax to rake in P300B over 5 yrs – DOF
Modified version to prevent revenue loss
THE Department of Finance (DOF) expects to generate P300 billion in added revenues over the next five years once...
VAT refund to make PH a shopping haven
President Marcos Jr. on Monday signed into a law a measure which the government hopes will position the Philippines as a top shopping destination...
