Topic

Department of Finance

DoF

The Department of Finance (DOF) plays a central role in addressing corruption, managing public funds, and shaping economic policies in the Philippines. It has been actively involved in reviewing tax proposals, combating fraudulent infrastructure projects, and enhancing transparency through data-sharing agreements. Recent initiatives include efforts to restore funds to PhilHealth, push for anti-corruption measures, and collaborate with international partners to support climate resilience in agriculture.

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This is an AI-generated summary based on recent coverage. It was last updated on Thu, October 23, 2025 at 8:08 AM

Latest Stories

Recent developments on Department of Finance

Sat, October 25, 2025 at 1:31 PM

DOF, BIR propose higher tax-exempt benefits for workers

The Department of Finance (DOF) and Bureau of Internal Revenue (BIR) have proposed to increase the ceilings for tax-exempt benefits for employees in both the public and private sectors.

Wed, October 22, 2025 at 12:25 PM

DEPDev backs stricter online gambling regulation

The Department of Economic Planning and Development (DEPDev) supports a ban or stricter regulation of online gambling, citing its minimal economic contribution and significant social costs.

Thu, October 9, 2025 at 2:51 PM

Palace: DOF, DBM to review Tulfo's proposed tax holiday

Malacañang stated that Senator Erwin Tulfo's proposed one-month income tax holiday requires a thorough review by the Department of Finance (DOF) and the Department of Budget and Management (DBM).

Mon, October 6, 2025 at 10:23 AM

Marcos Jr. pushes for education projects to drive national progress

President Ferdinand Marcos Jr. urged government agencies to prioritize education projects as the key to experiencing national progress.

Thu, September 25, 2025 at 11:48 AM

PH, Singapore start talks to update 48-year-old tax treaty

The Philippines, through the Department of Finance, has begun negotiations with Singapore to modernize their 48-year-old Double Taxation Agreement (DTA).

Thu, September 18, 2025 at 12:17 PM

Senate panel grants protection to SYMS Construction owner amid flood control probe

SYMS Construction owner Sally Santos has been granted physical protection by the Senate Blue Ribbon Committee amidst an investigation into anomalous flood control projects.

Thu, September 18, 2025 at 7:00 AM

DPWH budget cut by P255B as P60B reallocated to PhilHealth amid corruption probe

The Department of Public Works and Highways (DPWH) has had its budget cut by P255 billion, with P60 billion reallocated to PhilHealth amid corruption concerns.

Tue, September 16, 2025 at 7:01 PM

DOF urges GOCCs to fight corruption, prioritize public service

The Department of Finance (DOF) urged Government-Owned or -Controlled Corporations (GOCCs) to actively combat corruption and prioritize public service, emphasizing integrity in leadership and processes.

Tue, September 16, 2025 at 3:11 PM

SEC, DOF ink data-sharing deal to boost beneficial ownership transparency

The Securities and Exchange Commission (SEC) and the Department of Finance (DOF) signed a data-sharing agreement on September 3 to enhance transparency in beneficial ownership of companies, particularly in the extractive sector.

Mon, September 15, 2025 at 8:33 PM

BIR misses VAT collection target by P6.37 billion

The Bureau of Internal Revenue (BIR) missed its value-added tax (VAT) collection target by P6.37 billion in the first seven months, collecting P467.04 billion against a P473.41 billion goal.