Senator Aquilino “Koko” Pimentel III has refiled a bill seeking the suspension of value-added tax (VAT) and excise tax on fuel if the Dubai crude..
Tag Archives: fuel excise tax
The Department of Energy (DOE) has once again called for the amendment of Republic Act (RA) 8479 or the Oil Deregulation Act that would allow..
House Deputy Speaker and Cagayan De Oro City Rep. Rufus Rodriguez will be refiling his proposed bill to suspend for four years the excise taxes..
Outgoing Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera has proposed to the next administration to suspend the excise tax on coal and petroleum products to..
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude..
The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. ..
Local pump prices could take another hit as the United States has declared a ban on imported Russian oil, which may cause oil prices to..
In order to cushion soaring pump prices, the government doubled its budget for the Pantawid Pasada program to Php5 billion from the initial Php 2.5..
To help address the adverse effects of the continuing oil price hikes in the country, especially to vulnerable sectors like public transport, Sen. Sherwin Gatchalian..
The Department of Finance (DOF) has turned down the idea of suspending the excise tax on fuel to aid certain sectors despite the continuous rise..