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DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
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......»»
Hontiveros hopes for fair consideration of divorce bill in Senate
MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»
As semis hopes fall out, Adamson coach hopes players show out in final games
Adamson coach JP Yude is pinning his hopes on something bigger than final scores in the Lady Falcons' last few matches in UAAP Season 86, as their Final Four hopes were snuffed by FEU’s upset win over league leaders UST Saturday night......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
Ex-solon leads foundation for responsible citizenship launch
Ex-solon leads foundation for responsible citizenship launch.....»»
STILL AT LARGE | Manila court cancels ex-solon Teves passport
STILL AT LARGE | Manila court cancels ex-solon Teves passport.....»»
Solon condemns killing of ex-ARMM official
Solon condemns killing of ex-ARMM official.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill
DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»
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......»»
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. .....»»
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......»»
Wilbert naloka sa P114,000 electric bill: ‘Huwag mo muna ako kausapin!’
TILA nanggigil ang talent manager na si Wilbert Tolentino sa taas ng babayaran niyang bill sa kuryente. Paano ba naman kasi, umabot ito ng mahigit P114,000! Sa Facebook, ibinandera ni Wilbert ang litrato ng bill statement mula sa electric company na Meralcso. Pabiro niyang caption, “Huwag mo muna ako kausapin. Baka sayo mapunta ang init.....»»
BBM kinulit sa P100 wage hike bill
Matapos isnabin ni Pangulong Bongbong Marcos ang P100 wage hike bill ng Senado sa kanyang Labor Day speech noong Miyerkoles, nanawagan naman si Senate President Juan Miguel Zubiri na sertipikahan ang panukala sa dagdag sahod ng mga manggagawa. The post BBM kinulit sa P100 wage hike bill first appeared on Abante......»»
Senate approves bill on BJMP control of provincial jails
MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»
Bill creating 32 single-member parliamentary districts in the BARMM passed
COTABATO CITY (MindaNews / 29 February) — The bill creating 32 single-member parliamentary districts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was passed Wednesday night by a vote of 47 in favor, one against and three abstentions. Parliamentary Bill 267, introduced on December 18, 2023 by the Government of the Day and signed […].....»»