Category : Search result: vehicle transfer tax


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 Mayor Seeks Moratorium on New EV Taxis

Cebu City Mayor Nestor Archival supports EV taxis but urges a temporary halt on new units to study traffic and operator impact. The LTFRB hearing is postponed to January 2026.

Cebu Mayor Seeks Moratorium on New Taxi Franchises

Cebu City Mayor Nestor Archival proposes a one-year moratorium on new taxi franchises to assess traffic impact. The move targets a planned rollout of 600 electric taxis. Learn how the city plans to balance green transport with congestion.

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.

Cebu Wing Van Accident: Driver Survives Ravine Plunge

A 10-wheeler wing van carrying snacks plunged into a ravine in Oslob, Cebu. The driver miraculously survived after the vehicle got snagged on trees. Read the full report on the dramatic rescue and traffic aftermath.

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.

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.

E-Bike, E-Trike Ban on Major Roads Suspended by LTO

The LTO suspends the ban on e-bikes and e-trikes on national roads, moving enforcement to January 2026 for a public information drive. Officials cite safety concerns and lack of regulation.

US Auto Market Shifts as Buyers Rethink Spending

Rising car prices and economic worries push Americans to buy used cars and extend loans. The EV market slumps after a key tax credit ends. Discover the full impact on consumer spending.

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