President Marcos has ordered a three-month suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene to help ease the impact of rising fuel costs amid an energy crisis.
The order, issued through Executive Order No. 114, covers LPG and kerosene used for household purposes but excludes certain industrial and aviation uses.
The suspension was based on recommendations from the Development Budget Coordination Committee after global oil prices exceeded the threshold under Republic Act No. 12316.
Under the directive, tax rates will be reviewed monthly and may be adjusted or lifted depending on oil price trends and market conditions.
The government said the measure is expected to provide immediate savings for households and is part of broader efforts to cushion the impact of high fuel prices.
Source: PhilNews24 | April 18, 2026
MARCOS ORDERS 3-MONTH SUSPENSION OF EXCISE TAX ON LPG, KEROSENE
Latest from News
Pride PH and the Quezon City government will hold an expanded Pride Festival at UP Diliman,
Taiwan has called on the Philippines and Japan to consult with it regarding their planned maritime
The Philippine Coast Guard (PCG) held a send-off ceremony for BRP Gabriela Silang and BRP Miguel
Senate media practitioners have condemned Sen. Rodante Marcoleta for accusing mainstream journalists of being “bayaran” or
Department of Education (DepEd) Secretary Sonny Angara has launched Project Handa to improve nationwide school readiness