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LIST: 21 medicines added to VAT-exempt list

The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»

Category: financeSource: philstar philstarJan 31st, 2024

LIST: 21 medicines added to VAT-exempt list

The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

FDA delists COVID-19 meds, devices from VAT exemption

The Food and Drug Administration has released a list of COVID-19 medicines that were removed from the group of health products given an exemption from value-added tax or VAT......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

‘Traders divert imported fish to evade VAT’

Unscrupulous fish importers are diverting frozen stocks of round scad (galunggong), bonito (tulingan) and mackerel (alumahan) to the wet markets to evade paying value added tax (VAT), the Department of Agriculture said yesterday......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Senate pushes VAT on Netflix, HBO

The Senate has started discussions on a proposed measure to impose value-added tax (VAT) on foreign streaming platforms like Netflix and HBO Gold operating in the country......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

More vital drugs exempted from VAT with TRAIN law

More vital drugs exempted from VAT with TRAIN law.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

PhilHealth’s expanded outpatient drug list out

The state health insurer has released a list of 32 commonly prescribed outpatient medicines that have been added to the Konsulta program......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

When it comes to access to medicines, no one should be left behind

For millions of people around the world, the full enjoyment of the right to health remains an elusive goal, partly because medical care — in the event of sickness, prevention and treatment — depends largely on timely and appropriate access to quality medicines......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Bill seeks to waive review fees for indigents

A bill seeking to exempt indigent individuals from paying the review fees for board and Bar examinations on their first take have been jointly filed by five members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

‘Stop sale of highly toxic mercury-added skin lightening products’

‘Stop sale of highly toxic mercury-added skin lightening products’.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

SPNEC added to MSCI Philippines index

Listed integrated solar developer SP New Energy Corp. is poised to be the only company to be added in the MSCI Philippines Small Cap Index for its upcoming rebalancing......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

AIADMK releases first list of 16 candidates for Lok Sabha polls

Chennai (Tamil Nadu) [India], March 20 (ANI): AIADMK on Wednesday released its first list of 16 candidates for the upcoming Lok Sabha Elections 2024. The list was released by the party general secretary, Edappadi K Palaniswami. While releasing the list, he said that five constituencies have been allocated to the DMDK; and one each to Puthiya Tamilagam and SDPI. "In the AIADMK alliance, DMDMK is to contest in 5 seats, SDPI.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Agoda Unveils 2024 New Horizons List

Digital travel platform Agoda reveals its first-ever “Philippines’ New Horizons,” a list of destinations that are fast growing in popularity. The list, which compares year-on-year search data, highlights emerging destinations that have seen significant growth in interest from both domestic and international travelers. Bohol tops the list with an impressive 72% increase in searches, followed […].....»»

Category: newsSource:  metrocebuRelated NewsJan 20th, 2024

LPG price up; mixed adjustments for gasoline, diesel

Solane and Petron have increased their liquefied petroleum gas (LPG) prices by P0.27 per kilogram and P0.30 per kg VAT-inclusive, respectively. .....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

EDITORIAL - Doctors doing business

A public health advocate first sounded the alarm recently, saying several doctors were prescribing medicines from a pharmaceutical company in exchange for expensive gifts including luxury vehicles......»»

Category: newsSource:  philstarRelated News5 hr. 26 min. ago

Doctor-owned pharma hit for ‘unethical practices’

A group of doctors who own a pharmaceutical company has been giving rebates of up to P2 million, luxury cars, travel and other perks to doctors who prescribe the firm’s medicines, Sen. Jinggoy Estrada disclosed yesterday......»»

Category: newsSource:  philstarRelated News15 hr. 26 min. ago

4 PH medicinal herbs for gout, pain relief pass clinical trials

MANILA, Philippines — Back in the 1970s, the government had a dream of providing cheap medicines for Filipinos, especially the poor, who are often left out of health care. Dr. Cecilia Lazarte, director of the Institute of Herbal Medicine of UP Manila’s National Institutes of Health, stressed in 2020 the importance of research on the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Seniors can buy OTC drugs without prescription, FDA says

Senior citizens can get their 20 percent discount on over-the-counter (OTC) medicines, vitamins, and food supplements without needing a prescription from their doctors, according to the Food and Drug Administration (FDA). This clarification was issued in FDA Advisory No. 2024-0429, signed by FDA Director General Dr. Samuel Zacate, and aimed at drug outlets, hospital pharmacies,.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

45 PUPCs of Opao police station undergo medical check-up

MANDAUE CITY, Cebu – Around 45 persons under police custody (PUPCs) of Opao Police Station in Mandaue City underwent a medical check-up on Wednesday, Feb. 28. The City Health Office (MCHO) led the medical check-up to determine the physical health of the PUPCs. They were also provided with medicines and vitamins. MCHO Kadagatan Cluster Head.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024