He Dbm Said The Php28 88 Billion Lgsf News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Budget Secretary Amenah Pangandaman (File photo) MANILA - The Department of Budget Management (DBM) has allocated around PHP962.2 billion for the local government units (LGUs) nationwide in 2023 to boost their capabilities and enable them to fast-track the delivery of their basic services. The 2023 budget plan for LGUs represents around 18.3 percent of the proposed PHP5.268-trillion national budget for next year, the DBM said in a press statement on Wednesday. The DBM said around PHP820.27 of the PHP962.2 billion would be used for the National Tax Allotment (NTA) shares of LGUs, in accordance with the Mandanas-Garcia Supreme Court (SC) ruling. Under the SC ruling, LGUs get a bigger share in the collections of national taxes, as their internal revenue allotment (IRA) should come from 40 percent of all national taxes collected by the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BoC). The IRA share of LGUs, based on the old system, came only from the taxes collected by the ....

Amenah Pangandaman , Benhur Abalos Jr , Growth Equity Fund , Bureau Of Customs Bo , Bureau Of Internal Revenue , Mandanas Garcia Supreme Court , Department Of Budget Management , Government Support Fund , Barangay Development Program , National Tax Allotment , Budget Management , Internal Revenue , Secretary Amenah Pangandaman , Local Government Secretary Benhur Abalos , Budget Secretary Amenah Pangandaman File Photo Manila The Department Of Management Dbm Has Allocated Around Php962 2 Billion For Local Government Units Lgus Nationwide In 2023 To Boost Their Capabilities And Enable Them Fast Track Delivery Basic Services Plan Represents 18 3 Percent Proposed Php5 268 Trillion National Next Year , He Dbm Said Ina Press Statement On Wednesday The Around Php820 27 Of Php962 2 Billion Would Be Used For National Tax Allotment Nta Shares Lgus , N Accordance With The Mandanas Garcia Supreme Court Sc Ruling Under , Gus Geta Bigger Share In The Collections Of National Taxes , S Their Internal Revenue Allotment Ira Should Come From 40 Percent Of All National Taxes Collected By The Bureau Bir And Customs Boc Share Lgus , Ased On The Old System , Ame Only From The Taxes Collected By Bir Implementation Of Sc Ruling Began This Year , Ith The Ira Renamed As Nta On Other Hand , Bout Php28 88 Billion Would Be Allocated As Lgus 39 Local Government Support Fund Lgsf For 2023 , Igher By Php10 91 Billion From The Php17 97 Appropriated In 2022 , He Dbm Said The Php28 88 Billion Lgsf , He Dbm Said ,