THE government is not keen on lifting the excise tax on gasoline and diesel as it could incur up to P43.6 billion in revenue losses in three months, the Department of Finance (DOF) said Tuesday.In a press conference in Malacañang, Finance Undersecretary Karlo Fermin Adriano said the suspension of excise tax on liquefied petroleum gas (LPG) and kerosene would result in an estimated P4.1 billion in foregone revenues for three months.“Now…
https://www.manilatimes.net/2026/04/15/news/national/no-relief-for-gas-diesel-consumers/2320054
