DOF defends decision vs fuel tax suspension, cites P50-B loss

DOF defends decision vs fuel tax suspension, cites P50-B loss

MANILA, Philippines — The Department of Finance (DOF) on Tuesday defended the Development Budget Coordination Committee’s (DBCC) decision to exclude the suspension of excise taxes on diesel and gasoline from its recommendations to President Ferdinand Marcos Jr., saying such a move would result in a P50-billion revenue loss that could otherwise be used to provide

Original Source

Read the full article at Newsinfo →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.