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Gov’t agencies need to collect P11.7b in daily revenues—Recto

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Government agencies should collect P11.7 billion daily in 2024 to partially fund the P5.767-trillion national budget, according to Finance Secretary Ralph Recto.

He said to support these programs, the public should fulfill their civic duty by promptly filing their tax returns and paying the correct amount before the April 15 deadline. He said settling taxes is now simpler than ever as the government has streamlined the filing and payment process. He cited the importance of promoting a user-friendly tax filing and payment system through digitalization to improve tax administration and encourage compliance.

 

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