Connect with us

Philippine News

S. Cotabato mining, quarry revenues reach P17-M

Published

on

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357.  (Photo: Office of the Presidential Adviser for Environmental Protection/ Facebook)

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357. (Photo: Office of the Presidential Adviser for Environmental Protection/ Facebook)

GENERAL SANTOS CITY — The provincial government of South Cotabato has collected nearly PhP17 million in mining and quarry taxes in 10 months this year, its highest for the period in recent years.

Siegfred Flaviano, Provincial Environment Management Office (Pemo) head, said Thursday total collection from January to October increased by around PnP1.25 million based on last year’s 10-month receipts that reached PhP15.75 million.

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357.

The official said their average monthly collection this year was up from last year’s record of P1,561,924.40.

In October, Flaviano said they posted their highest tax collection for the year with a total of P2,122,570.

With more revenues expected to come in until the end of the year, he said they are now sure of exceeding last year’s collection.

Out of the total tax collections for the period, he said the provincial government’s share has increased to P6,665,329.83.

The provincial imposition under quarry and mining covers sand and gravel tax, mining tax, mining permit fee, ore transport fee, occupational mining tax, verification fee, filing fee, permit fee, projection fee, processing fee, fines/penalties/surcharges, and miscellaneous (delivery receipts).

Flaviano said the local government is just around P1.7 million short of its total collection target of P18,743,092.83, which represent last year’s the total revenues.

Such figure was the highest since the creation of their office in 2007. The previous record was P15,790,315.30 generated in 2012.

Continue Reading
Click to comment

0 Comments

  1. Pingback: S. Cotabato mining, quarry revenues reach P17M – Philippine Resources

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

News9 hours ago

DOJ forms TWG to hasten creation of separate ‘heinous crimes’ prisons

MANILA – The Department of Justice (DOJ) has ordered the creation of a technical working group (TWG) to hasten the...

Philippine Navy spokesperson for the West Philippine Sea Commodore Roy Vincent Trinidad Philippine Navy spokesperson for the West Philippine Sea Commodore Roy Vincent Trinidad
News10 hours ago

Navy: Measures in place vs. possible Chinese interference in Balikatan

MANILA – A ranking Philippine Navy (PN) official said while China is not expected to interfere in the ongoing “Balikatan”...

Entertainment10 hours ago

Meet Five of Seoul’s Most Glamorous Elite in ‘Super Rich in Korea’ Official Trailer

Super Rich in Korea offers a golden ticket into the extravagant world of Seoul’s top 1% — individuals who’ve made...

Entertainment10 hours ago

Who’s In for “Something Really Fun”? The Curtain Rises on ‘The 8 Show’ with Thrilling Teaser Trailer and Character Posters

“Do you really want something fun?” This question opens the zany teaser trailer for The 8 Show, a thrilling new...

Entertainment10 hours ago

Discover Your K-Pop Persona With Spotify’s New Interactive Experience

In the last decade, as K-Pop cemented its status as a global phenomenon, Spotify has helped fans around the world...

Canada News10 hours ago

International student resentment brews but allowing fewer students into Canada isn’t the answer

Canada has prided itself on being a welcoming haven for students from around the world. But beneath the surface of...

Business and Economy11 hours ago

Supreme Court appears open to Starbucks’ claims in labor-organizing case

What factors must a court consider when the National Labor Relations Board requests an order requiring an employer to rehire...

British PM Rishi Sunak British PM Rishi Sunak
News11 hours ago

The obstacles that could still stop flights to Rwanda from taking off

  Rishi Sunak has finally secured the legislation he needs to support his Rwanda plan. A late night session of...

News11 hours ago

Parliament passes bill declaring Rwanda safe – but can it really be called a law at all?

After months of deadlock, the House of Lords withdrew its opposition to the safety of Rwanda (asylum and immigration) bill,...

News11 hours ago

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have...

WordPress Ads