BIR Confident of Hitting P3.2-T 2025 Collection Goal
Manila: Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui on Tuesday expressed confidence that the agency would reach its PHP3.23-trillion collection target this year amid the strengthened drive to encourage taxpayers to pay their dues. According to Philippine News Agency, preliminary figures for the first quarter of the year show that revenues as of end-March reached PHP668.79 billion, which is PHP3.2 million short of the PHP671.99-billion goal for the quarter. This indicates an improvement over the PHP593-billion revenue from the same period last year. Commissioner Lumagui noted that for 2025, the target remains PHP3.23 trillion. He expressed optimism that the