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Underspending puts H1 budget gap at below-ceiling of P716.1 B

Underspending puts H1 budget gap at below-ceiling of P716.1 B
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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BIR padlocks 'wholesale store' in Kabankalan City

SunStar
BIR padlocks wholesale store in Kabankalan City
KABANKALAN. The Bureau of Internal Revenue, through its Oplan Kandado program, padlocks an establishment in Kabankalan City yesterday for several tax violations. (Erwin P. Nicavera photo)
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March 12, 2021
KABANKALAN CITY The Bureau of Internal Revenue (BIR) Region 12, through its Oplan Kandado program, has closed an establishment in this southern Negros Occidental city for several tax violations.
Officials of BIR Region 12 and BIR Revenue District Office 78 (RDO-Binalbagan), along with personnel of Kabankalan City Police Station and barangay council officials, served the closure order against Myca’s Store in Barangay 2 Friday, March 12.
Officer-in-charge chief Legal Division of BIR Region 12 lawyer Roev Bryl Sobrejuanite, who led the operation, told SunStar Bacolod that the store was subjected to surveillance last year. ....

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DOF expects BIR to exceed target in 2021

Published February 18, 2021, 7:00 AM
The Duterte administration’s chief economic manger expects the Bureau of the Internal Revenue (BIR), the government’s main tax agency, will surpass its collection target this year.
Speaking at the virtual BIR’s Tax Campaign Kick-off ceremony on Wednesday, Feb. 17, Finance Secretary Carlos G. Dominguez III said he is confident that the bureau would be able to overshoot its P2.08-trillion collection goal for 2021.
Finance Secretary Carlos G. Dominguez III (Bloomberg file photo)
Dominguez said the BIR faces the “great task” of raising as much revenues as possible to fund the comprehensive effort of defeating the COVID-19 pandemic and supporting the nation’s economic recovery. ....

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