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Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
Recto to prioritize pending tax reforms
Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»
House panel OKs tax-free hazard pay to judges, prosecutors
A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
NEDA: Further reforms needed in telco industry
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»
SEC to work with Go on capital market reforms
The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»
Go pushes reforms to address concerns
The newly created Office of the Special Assistant to the President for Investment and Economic Affairs is spearheading programs and reforms to address investor concerns and streamline processes......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
House fire kills 5 in Philippines
MANILA, Jan. 24 (Xinhua) -- A house fire has killed a family of five, including an 11-month-old baby, in Daraga town in Albay province, southeast of the Philippines' capital Manila, authorities said Wednesday. Municipal Fire Marshal Amor Laguilles of Daraga town fire station said the fire broke out around 8:00 p.m. local time on Tuesday, burning the whole house to the ground. He said the fire quickly burn.....»»
House fire kills 5 in Philippines
MANILA, Jan. 24 (Xinhua) -- A house fire has killed a family of five, including an 11-month-old baby, in Daraga town in Albay province, southeast of the Philippines' capital Manila, authorities said Wednesday. Municipal Fire Marshal Amor Laguilles of Daraga town fire station said the fire broke out around 8:00 p.m. local time on Tuesday, burning the whole house to the ground. He said the fire quickly burn.....»»
After ceasefire, House hopes Senate passes RBH6 by March
Administration lawmakers, under the leadership of Speaker Martin Romualdez in the House of Representatives, are hoping that an inter-parliamentary ceasefire the senators initiated will result in their promise to pass economic reforms in the 1987 Constitution......»»
House to adopt Senate’s economic Cha-cha
Party stalwarts in the House of Representatives urged their Senate counterparts yesterday to show their sincerity in introducing economic constitutional reforms by passing Resolution of Both Houses 6, which the congressmen promised to adopt in full......»»
House panel OKs tax breaks for companies hiring senior citizens
Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»
BARMM consultations for creation of 32 districts gain ground
COTABATO CITY (MindaNews / 16 January) – The Bangsamoro Transition Authority (BTA) has started the public consultations for the creation of the proposed 32 districts in the region, with a senior official stressing the first Bangsamoro Parliamentary elections in 2025 won’t happen if the districts will not be established. Parliament Bill No. 267 or Parliamentary Districts […].....»»
House panel Oks proposed POGO ban
Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»
Amid House-Senate rift, Romualdez seeks common ground on Cha-cha with Zubiri
After the Senate delivered a scathing rejection of the ongoing People’s Initiative (PI) campaign to amend the Charter, House Speaker Martin Romualdez has reached out to Senate President Juan Miguel Zubiri to express the lower chamber's support for an alternative PI led by the upper chamber......»»