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House body seeks review of excise tax law on cigarettes

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INQUIRER FILE PHOTO

The House ways and means committee will review the new sin tax law, which has so far yielded lower than expected revenues and barely reduced the smoking population.

Posted: November 3rd, 2013 in Latest News Stories,Nation | Read More »

Drilon dares COA to file raps if DAP funds were misused

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Senate President Franklin Drilon. PRIB FILE PHOTO

Saying it has become a necessary tool to spur government spending, Senate President Franklin Drilon said on Tuesday that the government could not afford to do away with the multi-billion-peso disbursement acceleration program (DAP) despite criticism that the DAP was unconstitutional.

Posted: October 15th, 2013 in Latest News Stories,Nation | Read More »

DAP-funded projects legal, Drilon insists

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Senate President Franklin Drilon FILE PHOTO

In spite of assertions by legal experts that the facility is unconstitutional, Sen. Franklin Drilon insists that projects funded by the controversial P72.1-billion Disbursement Acceleration Program (DAP) should be considered initiatives of the Aquino administration although identified by lawmakers and therefore aboveboard.

Posted: October 14th, 2013 in Latest News Stories,Nation | Read More »

Palace: DAP projects aboveboard, implemented by concerned agencies, not NGOs

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Presidential Spokesperson Abigail Valte. INQUIRER FILE PHOTO

While senators requested P100 million for their pet projects in 2011, these projects were eventually executed by the executive department, Malacañang said Sunday.

Posted: October 13th, 2013 in Latest News Stories,Nation | Read More »

BOC reports collection deficit of P186.5B in 4 years

By
Resigned Customs Commissioner Ruffy Biazon.  INQUIRER FILE PHOTO

The Bureau of Customs, the government’s second largest revenue generating agency, incurred collection deficits of more than P186.5 billion between 2009 and 2012, a BOC report, a copy of which was furnished the Philippine Daily Inquirer, showed.

Posted: October 13th, 2013 in Latest News Stories,Nation | Read More »

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