When have you made the right choice by deviating from a longstanding practice? This may be challenging but rewarding if guided by the right principles. Undeniably, this holds true in tax cases decided ...

Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), says ongoing tax reform is being rolled ...

A Senate panel on Wednesday, March 11, approved "in principle" the proposals that would grant President Marcos powers to either suspend or reduce excise tax on fuel amid rising fuel costs.

Services output was estimated to have increased by 0.2% in the three months to January 2026, compared with the previous three months to October 2025. In the three ...

The Chinese giant’s mega-fast charging points allow for a 10-97 per cent top-up in just nine minutes, and will arrive in the ...

The Chinese goliath’s mega-fast charging points allow for a 10-97 per cent top-up in just nine minutes, and are due to arrive ...

Judicial precedents confirm that where goods or services support taxable supplies, only proportionate ITC reversal is permitted. Complete denial of credit would violate the value-added taxation ...

Airlines say jet fuel prices have surged far more than crude oil since the West Asia conflict, blaming soaring refinery margins and the Mopag-linked pricing system for rising fares ...

Opinion: Usage-based billing isn’t going away. AI has made it mainstream, and the same logic is spreading across digital services. Tax teams need visibility into how those models are implemented.

GSTAT concluded that elimination of entertainment tax and other levies reduced the effective tax incidence, requiring suppliers to pass on the benefit to ...

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

Discover how accounting tracks financial transactions and how economics studies market forces like production and consumption.