NEW RULES regulating fees issued by the Bureau of Local Government Finance (BLGF) require local government units (LGUs) to charge no more then a 10% markup on the cost of services.

BICAMERAL debate on the proposed Corporate Income Tax and Incentives Rationalization Act (CITIRA) will have to contend with two issues -- the “sunset period” for weaning companies away from incentives, and the removal of taxation based on Gross Income Earned (GIE), a key legislator said.

WAYS and Means committee chair and Albay 2^nd District Representative Jose Ma. Clemente S. Salceda said Wednesday that each congressman will receive P100 million for their districts in the proposed P4.1-trillion 2020 national budget, adding that the budget process so far has been free of “insertions.”

THE government has approved P78 million in emergency funding for the Department of Agriculture’s (DA) African Swine Fever (ASF) containment efforts.

MAKERS of distilled spirits warned against excessive tax increases targeting the segment, saying that falling demand could leave the government with less revenue than it is projecting.

THE Puerto Princesa city government and the United States Agency for International Development (USAID) are organizing an investment forum in Manila on Sept. 25 to promote business opportunities in the Palawan capital.

THE Senate Finance Committee approved Wednesday the P8.426-billion budget of the Department of Agrarian Reform (DAR) for 2020, with the department also seeking additional funding to help achieve its 2022 goal of land acquisition and distribution.

THE Senate finance committee on Wednesday approved the P9.97 billion budget of the National Economic and Development Authority (NEDA) for 2020.

THE Philippine Extractive Industries Transparency Initiative (PH-EITI) has included its first assessment of small-scale miners in the Fifth Country Report.

PRESIDENT Rodrigo R. Duterte has certified as urgent the proposed P4.1 trillion national budget for 2020.

Persons with Disability (PWDs) have persistently expressed their need for inclusion and to be given equal footing in society. Recognizing the Constitutional mandate to protect their rights, the government enacted Republic Act (RA) Nos. 9442 and 10754, also known as The Magna Carta for Persons with Disability and An Act Expanding the Benefits and Privileges of Persons with Disability (PWD). The main objectives of these laws are to provide PWDs with the opportunity to participate in mainstream society and to support their total well-being.

THE Department of Labor and Employment (DoLE) has sounded out the Senate on a plan to reduce the cash transfer budget for 2020 and shifting the funds to a program to provide relief to retrenched workers.