Posts Tagged DOF

PH, India seeking ways to boost ties in infra development, digital tech — DOF

Robie de Guzman   •   January 4, 2021

MANILA, Philippines — The Philippines and India are exploring ways of enhancing their economic ties, particularly in the areas of financial and digital technologies and infrastructure development, the Department of...

PH, Japan reaffirm commitment to better economic ties

Robie de Guzman   •   December 29, 2020

MANILA, Philippines – The Department of Finance (DOF) reported that the Philippines and Japan have reaffirmed their commitment to further enhance economic partnership, which includes plans to expand Japanese investments...

Deadlines on tax amnesty, voluntary assessment program extended to June 2021 – DOF

Robie de Guzman   •   December 23, 2020

MANILA, Philippines – The Department of Finance (DOF) announced it has extended anew the deadlines for availing of the Tax Amnesty on Delinquencies (TAD) and Voluntary Assessment and Payment Program...

BIR collected P582-M from 196 closed establishments – DOF

Robie de Guzman   •   December 15, 2020

MANILA, Philippines – The Bureau of Internal Revenue (BIR) has collected a total of P582.5 million in taxes from shuttered establishments in the first 11 months of the year, the...

Finance dept-attached agencies to require tax courses for hiring, promotion starting 2021

Robie de Guzman   •   December 9, 2020

MANILA, Philippines – Training courses offered by the Philippine Tax Academy (PTA) will soon become a requirement in the hiring or promotion of employees in the bureaus of Internal Revenue...

BIR collects over P500-M in taxes from padlocked establishments – DOF

Robie de Guzman   •   December 2, 2020

MANILA, Philippines – The Bureau of Internal Revenue (BIR) has collected a total of P547.9 million in taxes from January to September this year from 178 commercial establishments that were...

Trust fund for college education of children from poor families eyed – DOF

Robie de Guzman   •   November 17, 2020

MANILA, Philippines – The Capital Market Development Council (CMDC) is studying the possibility of creating a child trust fund that would support the tertiary education of children from qualified poor...

Deadline of tax payments, other charges imposed by LGUs extended – DOF

Robie de Guzman   •   November 10, 2020

MANILA, Philippines – The Department of Finance (DOF) on Tuesday said it has extended to Dec. 19 the payment of all local taxes, fees, and charges imposed by local government...

Finance dept. orders fund agencies to craft cyber defense strategy

Robie de Guzman   •   October 7, 2020

MANILA, Philippines – The Department of Finance (DOF) has ordered government financial institutions (GFI), state-run pension fund, insurance agencies, and revenue and treasury agencies to work together in formulating a...

LGUs urged to adopt digital tools to improve services, revenue generation

Robie de Guzman   •   October 6, 2020

MANILA, Philippines – The Department of Finance (DOF) on Tuesday called on local government units (LGU) to switch to digital technologies to vastly improve the delivery of frontline service and...

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