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Posts Tagged ‘excise tax’


TRAIN 1, peso, oil take toll on consumers

By the Business Section  Almost three months from the effectivity of TRAIN 1, coupled with rising oil prices and the weak peso, higher prices take…

Campi logo (Photo courtesy of www.campiauto.org/)

Auto sales slump in Feb on TRAIN

By Bernie Cahiles-Magkilat Carsales posted a slight decline in the second month of the year as the impact of the higher excise tax on cars…

Bangko Sentral ng Pilipinas (BSP) logo

BSP forecasts February inflation of 4%-4.8%

By Lee Chipongian The Bangko Sentral ng Pilipinas (BSP) sees inflation rate peaking at 4.8 percent for the month of February – more than the…

Melito Salazar Jr.

Derailing TRAIN 2

By Melito Salazar Jr. The long awaited tax reform package (Tax Reform for Acceleration and Inclusion) of the Duterte administration has begun to be rolled…

Finance Secretary Carlos G. Dominguez III

DOF defers submission of Tax Reform 2

By Chino S. Leyco The Department of Finance (DOF) is deferring the submission of its Tax Reform Package 2 plus proposal to Congress as the…