Marcos suspends excise tax on LPG, kerosene<br /><br />President Ferdinand Marcos Jr. on Monday suspended the excise tax on liquified petroleum gas (LPG) and kerosene to help the public cope with the rising prices of petroleum products. In a press briefing in Malacañang, Marcos said the cost of LPG will be cut by P3.36 per kilogram and kerosene by P5.60 per liter. The tax cuts would take effect on April 14.<br /><br />VIDEO BY KRISTINA MARALIT<br /><br />Check out our Streaming Channel: https://streaming.manilatimes.net/<br /><br />Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe<br /><br />Visit our website at [https://www.manilatimes.net](https://www.manilatimes.net/)<br /><br />Follow us:<br />Facebook - https://tmt.ph/facebook<br />Instagram - https://tmt.ph/instagram<br />Twitter - https://tmt.ph/twitter<br />DailyMotion - https://tmt.ph/dailymotion<br /><br />Subscribe to our Digital Edition - https://tmt.ph/digital<br /><br />Check out our Podcasts:<br />Spotify - https://tmt.ph/spotify<br />Apple Podcasts - https://tmt.ph/applepodcasts<br />Amazon Music - https://tmt.ph/amazonmusic<br />Deezer: https://tmt.ph/deezer<br />Tune In: https://tmt.ph/tunein<br /><br />#TheManilaTimes<br />#TMTNews<br />#Tax<br />#Philippines
