fuel excise tax Archives - newswatchplus.ph

Refund fuel excise tax on existing stock – Gatchalian

Eimor Santos — Mon, 06 Apr 2026 08:52:31 +0000

Metro Manila, Philippines – Senator Sherwin Gatchalian is urging the government to refund fuel excise taxes already paid by oil companies to immediately cut pump prices. In a press briefing on Monday, April 6, Gatchalian acknowledged that the law granting the president the authority to suspend or reduce excise taxes — set to take effect

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Fuel tax relief bill heads to Marcos for approval

Eimor Santos — Wed, 18 Mar 2026 09:16:04 +0000

Metro Manila, Philippines – President Ferdinand Marcos Jr. may soon be granted the authority to reduce or suspend fuel excise taxes after the House of Representatives adopted the Senate proposal, expediting the legislative process. Lawmakers announced the development during separate plenary sessions on Wednesday, March 18 — the last session day before the six-week congressional

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Marcos keeping options open on fuel excise tax relief

Jelo Ritzhie Mantaring, NewsWatch Plus — Wed, 18 Mar 2026 05:31:23 +0000

President Bongbong Marcos said he will assess when to cut or suspend the fuel excise tax as Congress is poised to approve the bill on Wednesday, March 18.

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Fuel tax relief bill hurdles Senate

Eimor Santos — Tue, 17 Mar 2026 13:26:25 +0000

Metro Manila, Philippines – The highly anticipated bill granting the president authority to suspend or reduce fuel excise taxes has been approved by both chambers of Congress, leaving only the reconciliation of differing provisions before it can be sent to Malacañang for enactment. The Senate passed the measure on second and third reading during its

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Fuel excise tax powers bill hurdles final reading

Lance Mejico — Mon, 16 Mar 2026 09:54:54 +0000

Metro Manila, Philippines – The House of Representatives on Monday, March 16, has approved on final reading the measure authorizing the president to reduce or suspend fuel excise tax during national and global economic emergencies, in light of the Middle East crisis that fueled a historic surge in oil prices. Two hundred forty-seven lawmakers were

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Pia Cayetano wants Congress to skip bicam on fuel excise tax bill

Jelo Ritzhie Mantaring, NewsWatch Plus — Sun, 15 Mar 2026 08:04:39 +0000

Sen. Pia Cayetano is hoping that Congress will not go into a bicameral conference committee to finalize the bill allowing the president to temporarily cut or suspend the excise tax on fuel products.

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House panel OKs bill granting Marcos powers to reduce, suspend fuel excise tax

Lance Mejico — Tue, 10 Mar 2026 05:55:53 +0000

Metro Manila, Philippines – The House committee on ways and means has approved a bill granting President Bongbong Marcos powers to reduce or suspend fuel excise tax during national or global emergencies, in light of the Middle East crisis that spurred higher pump prices. On Tuesday, March 10, the committee adopted the still unnumbered substitute

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