NBI hikes clearance fee to P130 starting next month | Inquirer News

NBI hikes clearance fee to P130 starting next month

/ 11:43 AM February 24, 2018

Starting next month, expect to pay P15 more for your National Bureau of Investigation (NBI) clearance.

Applicants starting March 12 will have to pay P130 for the clearance from the current P115 the NBI said in its advisory.

According to the NBI, the clearance fee increase was due to the increase in the documentary stamp tax (DST) following the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Article continues after this advertisement

Under Section 12 of Revenue Regulations No. 4-2018, the rate of DST on certificates was increased from P15 to P30.

FEATURED STORIES

The provision also noted that under Section 188 of the TRAIN Law, a fee of P30 shall be charged for documentary stamp tax on certificates.

Revenues from the TRAIN law which took effect on December 19, will be used to fund the government’s various infrastructure programs.

Article continues after this advertisement

The Philippine Statistics Authority earlier announced that it would be increasing fees on birth, marriage, and death certificates.

Article continues after this advertisement

 

READ: Tax on birth, death certificates, other documents higher starting February 2 /muf

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: NBI clearance

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.