IKOT.PH
With farmers, fisherfolk, and other marginalized sectors bearing the brunt of the oil price hike, Senator Kiko Pangilinan calls to suspend excise tax on fuel under the TRAIN Law. “Dapat palaging isipin kung sino ang mga pinaka-apektado. Palaging ang papasan nito ay ang mga maliliit — ang mga magsasaka na umaasa sa krudo para sa […]
A panel of the House of Representatives approved a measure seeking to impose a P20 excise tax per kilo of single-use plastic bags. The House Ways and Means Committee, chaired by Albay Representative Joey Salceda, approved the committee report on the substituted bill to House Bill 178, which seeks to add a new section designated […]
To protect consumers from premature price increases and profiteering, Senator Win Gatchalian is urging the Department of Energy (DOE) to create a task force that will closely monitor the implementation of the new round of increases in excise tax on fuel this month. Gatchalian is making the call as the third and last tranche of […]
The House of Representatives has ratified the bicameral conference committee report on a bill seeking to raise the excise tax rates on alcohol products as well as heated tobacco and vapor products in the country. The proposal seeks to amend the Republic Act No. 8424 or the “National Internal Revenue Code of 1997.” This is […]
The House of Representatives approved on third and final reading the bill proposing to increase the excise tax on alcohol and heated tobacco and vapor products. House Bill 1026 was approved with 184 affirmative votes, two negative votes and one abstention, making it the first bill to be approved by the House in the 18th Congress. […]