Category : Search result: National Tax Allotment


DHSUD Proposes CIT Exemption for Economic Housing

The DHSUD and DTI-BOI are reviewing a plan to classify economic housing as tax-exempt mass housing under BP 220. This aims to speed up affordable home development and provide clearer incentives for private developers in the Philippines.

P1.2M smuggled cigarettes seized, 3 arrested

Law enforcement operations in Zamboanga Peninsula and Soccsksargen lead to three arrests and the confiscation of P1.2 million worth of smuggled cigarettes. Details on the separate busts here.

Cebu City Offers Tax Relief for Typhoon-Affected Businesses

Cebu City Treasurer's Office recommends tax relief for businesses impacted by Typhoon Tino for 2026 computations, but clarifies it cannot waive penalties without a city ordinance. Learn about the proposal and its legal basis.

PhilHealth to Receive Record P113B Subsidy in 2026

The DBM commits to timely fund release for PhilHealth's P113B 2026 subsidy, the largest single-year investment for poor Filipinos' healthcare, backed by sin taxes and restored SC funds.

Davao City High Choir Repeats as Namcya Champion

Davao City National High School Centennial Choir secures consecutive victory at Namcya 2025. Conductor reveals intense training and seeks sponsors for international competitions.

Bacolod OKs P4.75B 2026 Budget with P300M Hike

Bacolod City Council unanimously approves a P4.75 billion budget for 2026, a P300 million increase. Funds target health, social services, and revenue generation. Read the details.

Tax Break for Special Needs Families Filed in Congress

Pampanga Rep. Carmelo 'Pogi' Lazatin Jr. files HB 6504, seeking a ₱50,000 tax deduction for parents of CSNs/YSNs to cover therapy, education, and medical costs. Learn about the bill's details and its potential impact on Filipino families.

Gov't Aims to Hit 2025 Economic Growth Target

Malacañang remains optimistic about achieving the 5.5%-6.5% GDP target for 2025 despite hurdles. Palace urges Congress to fast-track the 2026 budget to avoid a reenacted spending plan. Read the latest updates.

Cebu City Launches Digital Payment System for Taxes

Cebu City Hall introduces digital payment options for taxes, fees, and obligations through mobile phones. The new ordinance promises faster transactions and 24/7 access to government services.

Porac Quarry Operations Resume December 5

Porac sand and gravel quarry operations resume December 5 after temporary suspension. Association confirms independent decision amid ecological tax dispute with local government.

PHP113B PhilHealth Subsidy for 2026 Assured

DBM guarantees timely release of PHP113 billion PhilHealth subsidy in 2026 budget, doubling government support for universal healthcare. Learn how this impacts Filipino health coverage.

DA Shifts Regulatory Powers to BAI and NDA

The Department of Agriculture transfers regulatory control over veterinary drugs and the dairy industry from the FDA to the BAI and NDA. Learn how this impacts local industries.

PDIC Cybersecurity Team Recognized by DICT

DICT honors PDIC for establishing a Computer Emergency Response Team, boosting data protection for depositors and aligning with the National Cybersecurity Plan. Learn how this enhances financial security.

Iloilo Police File Bomb Threat Case Against Suspect

Western Visayas police file complaint against suspect for bomb threat at Ramon Avanceña National High School. Authorities warn public against making false threats. Report suspicious activity.

5.7M Students Get Free College in 2026 Budget

The 2026 national budget allocates PHP67B for free higher education, benefiting 5.7M students in SUCs and LUCs. Discover how this investment shapes the future of Filipino youth.

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