The government generated nearly P359 billion in taxes by marking local and imported fuel, toughening its enforcement of the anti-smuggling measure three years into the program.
THE national government has collected a total of P358.608 billion in duties and taxes through the fuel-marking program it began more than 25 months ago. The latest data released by the Department of Finance (DOF) showed this covered 35.924 billion liters of fuel marked between September 2019 and January 2022.…
THE national government has collected P330.286 billion in duties and taxes through the fuel-marking program it began more than 25 months ago. The latest data released by the Department of Finance (DOF) showed this covered 33.539 billion liters of fuel marked between December 10 and September 2019. As of December…
Oil firms have announced another big-time price hike in the pump prices of gasoline starting Tuesday to mark the tenth straight week of increases, while those of diesel and kerosene will be rolled back.