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DBM insists P449B unprogrammed items in 2024 budget are not unconstitutional

The Department of Budget and Management (DBM) on Wednesday defended the constitutionality of the P449.5 billion unprogrammed appropriations in the 2024 General Appropriations Act (GAA) after opposition lawmakers brought the issue to the Supreme Court.

BOI pressed on gaps between Create law and its IRR

AS promised, lawmakers are pursuing the initiative to redress the inconsistency between the Corporate Recovery and Tax Incentives for Enterprises (Create) law and its implementing rules and regulations (IRR); and similar gaps in the value-added tax (VAT), in a bid to encourage better compliance, avoid stunting business growth and shore…

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