BIR posts highest tax effort since 2000 As of September 2013, the National Government posted a Deficit-to-GDP ratio of 1.2%, way below the projected 2.0% for 2013. The budget deficit…
PhP 15 Million Smuggled Used Clothing Seized by BOC Customs Commissioner Ruffy Biazon today (July 12, 2013) led the inspection of four (4) forty-footer container vans of used clothing (“ukay-ukay”)…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Quezon Traders Rural Bank of Candelaria, Inc. under the receivership of the Philippine Deposit Insurance Corporation…
The Bureau of Internal Revenue (BIR) is reminding all taxpayers who elected to pay their income taxes for 2012 in two (2) equal installments that the deadline for the payment…
Following the signing of agreements to facilitate the Second Round of Debt Treatment under the U.S. Tropical Forest Conservation Act of 1998 (TFCA 2), the Philippine and U.S. Governments are…
The Philippine Deposit Insurance Corporation (PDIC) was able to raise P9.53 million from the successful sale of 20 properties during its public bidding conducted on November 25, 2013 held at…
Year-to-date deficit within target at P112.5 B The National Government's budget deficit for the month of October stands at P11.2 billion, well within the P152.7 billion government program for the…
The Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Rural Bank of Hagonoy (Davao del Sur),…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Rural Bank of Alaminos (Laguna), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC)…
For the month of October 2013, the BIR collected Php95.59billion in tax revenues, Php9.48 Billion or 11.01% more than collections made in October 2012. For October 2013, collections from BIR…
