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LGUs to get higher tobacco tax share | Jasper Y Arcalas

THE excise tax share that tobacco-producing local government units (LGUs) would receive this year would be at P21 billion, about 10.52-percent higher than the P19 billion they received last year, according to the Department of Budget and Management (DBM). In a recent local budget memorandum, Budget Secretary Amenah F. Pangandaman…

House on track to pass 2023 budget bill by October 1 —Co

House on track to pass 2023 P5 268-T budget by Oct 1

MANILA - The House of Representatives is "on track" with its schedule to pass the proposed PHP5.268-trillion national spending budget for 2023 on the third and final reading by October 1, a House leader said on Tuesday. In a media briefing, Marikina City Rep. Stella Quimbo, senior vice chairperson of the House Committee on Appropriations, said as of Monday, 14 out of 34 agencies have briefed the chamber regarding their respective budget proposals. Quimbo said the panel is expected to finish the budget hearings by September 16, while plenary deliberations are set to begin on September 21. "With two more weeks of budget briefings, the appropriations committee, led by Chairperson Elizaldy Co, gladly shares that we are still on track with our target date to pass the GAB (General Appropriations Bill) by October 1, 2022," she said. She said the discussions in the budget briefings have revolved around some of the key spending priorities of the 2023 budget, including the Ag

House on track to pass 2023 P5 27-T budget by Oct 1

House on track to pass 2023 P5 27-T budget by Oct 1
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