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Local government units (LGUs) that collect their taxes efficiently may soon avail of a special fund to finance their local development projects, programs and activities, once a bill filed by Senator Ping Lacson is passed into law. Senate Bill No. 405 mandates the allocation of one percent of total Value-Added Tax (VAT) collections to finance […]
Senator Robin Padilla has filed a bill assuring Indigenous Peoples (IPs) a bigger share of revenues generated from natural resources within the territories of indigenous cultural communities. Padilla, who chairs the Senate Committee on Cultural Communities and Muslim Affairs, filed Senate Bill 2869, which introduces amendments to the 27-year-old Indigenous People’s Rights Act of 1997 […]