Marcos suspends excise taxes on LPG, kerosene anew
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MANILA, Philippines – President Ferdinand Marcos Jr. has ordered the full suspension of excise taxes on liquid petroleum gas (LPG) and kerosene as high global oil prices continue to hit the wallets of Filipino consumers; the relief, however, does not extend to gasoline or diesel.
Marcos issued Executive Order No. 125 on Friday, September 25, following a recommendation from the Development Budget Coordination Committee (DBCC). The order will take effect immediately upon publication in the Offi
Marcos issued Executive Order No. 125 on Friday, September 25, following a recommendation from the Development Budget Coordination Committee (DBCC). The order will take effect immediately upon publication in the Offi
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