Posts Tagged TRAIN Law

P60-B released to cash transfer beneficiaries as of December 2020 — Landbank

Robie de Guzman   •   April 29, 2021

MANILA, Philippines — The Land Bank of the Philippines (LANDBANK) has already released P60.36 billion in unconditional cash transfers (UTC) as of December 2020 to beneficiary households of the Duterte...

DOE urged to create body to monitor new round of fuel tax hikes

Robie de Guzman   •   January 2, 2020

MANILA, Philippines – Senator Sherwin Gatchalian has called on the Department of Energy (DOE) to create a task force that will closely monitor the implementation of the new round of...

Over 100,000 “Pantawid Pasada” fuel subsidy cards distributed to operators, drivers —DOTr

Maris Federez   •   December 30, 2019

MANILA, Philippines — The Department of Transportation announced on Monday (December 30) on its official Facebook page that it has already distributed to more than 100,000 legitimate jeepney operators another...

New excise tax on petroleum products effective January 1

admin   •   December 31, 2018

    MANILA, Philippines — Despite the rollback on petroleum products, there will be a new excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) Law. As stated...

Duterte to public on being taxed: ‘Your money is safe under my term’

Marje Pelayo   •   December 6, 2018

  MANILA, Philippines – President Rodrigo Duterte on Wednesday (December 5) appeased public concerns on the impact of the administration’s tax reforms. “Do not be so sad about being taxed,”...

DOF: Collection of P2/liter fuel excise tax suspended for 3 months

admin   •   October 24, 2018

    MANILA, Philippines —The collection of additional P2.00 per liter in petroleum products in 2019 under the Tax Reform for Acceleration and Inclusion (TRAIN) law will be suspended for...

Diokno: Suspension of 2nd tranche of fuel excise tax may affect gov’t fuel subsidies

admin   •   October 18, 2018

  The government assured that it will continue its program that offers assistance to jeepney drivers who are bearing the brunt of surging oil prices. According to Budget Secretary Benjamin...

Diokno: Suspension of next fuel tax hike won’t affect gov’t social services program

admin   •   October 16, 2018

  MANILA, Philippines —The economic managers of the Duterte administration have announced the early suspension of the second tranche of excise taxes on fuel under the tax reform for acceleration...

Gov’t to suspend Tranche 2 of fuel excise tax in January 2019

Marje Pelayo   •   October 15, 2018

  MANILA, Philippines – The Department of Finance (DOF) has announced the temporary suspension of the second tranche of fuel excise taxes under the Tax Reform for Acceleration and Inclusion...

VP Robredo supports bid to suspend, revisit TRAIN Law

admin   •   July 11, 2018

MANILA, Philippines — Vice President Leni Robredo supports the bid of some lawmakers to suspend the imposition of the Tax Reform for Acceleration and Inclusion (TRAIN) law. In a media...


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