MANILA, Philippines - Government revenue collections from the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) ...

Revenue collection of the Bureau of Internal Revenue and the Bureau of Customs has been “softer” than the projected yield of ...

PH debt stock rose in October on a weaker peso MANILA, Philippines — The Philippine government’s budget deficit in November narrowed by almost a third to P157.6 billion. This, as spending ...

The government’s budget gap rose 7.38 percent on an annual basis in end-November 2025 as growth of spending surpassed tax ...

The Department of Human Settlements and Urban Development (DHSUD) has welcomed the simplified application for tax exemption ...

The Bureau of Internal Revenue (BIR) has raised the ceiling on non-taxable “de minimis” benefits provided to employees in both the private and government sectors. The BIR issued Revenue Regulation No.

The national government’s budget deficit narrowed to P157.6 billion in November, driven by a sharp decline in government ...

Overall revenue collection performance of the national government is emerging weaker than the full-year target, due in part to the extended rice import ban ...

The government is moving to curtail the power of tax investigators to conduct audits, part of an aggressive push to curb bureaucratic overreach and improve ...

THE government has simplified the process for granting tax exemptions to socialized and economic housing projects, a move expected to lower costs, speed up proj ...

Finance Secretary Frederick Go has laid out additional measures to tighten the Bureau of Internal Revenue’s (BIR) crackdown ...

The Bureau of Internal Revenue (BIR) has released Revenue Memorandum Circular (RMC) 109-2025 to clarify the scope of the audit suspension announced under RMC 10 ...