
House leaders file bill to raise income tax exemption to P350K
House leaders have filed a bill seeking to increase the annual income tax exemption threshold from ₱250,000 to ₱350,000, following…
· 1 MIN READ
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House leaders have filed a bill seeking to increase the annual income tax exemption threshold from ₱250,000 to ₱350,000, following…
· 1 MIN READ

Senate Senior Deputy Majority Leader JV Ejercito has filed a bill seeking to exempt employees earning up to ₱50,000 a month, or ₱600,000…
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The Bureau of Internal Revenue (BIR) has filed three criminal tax evasion complaints before the Department of Justice involving more than P416…
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The Department of Labor and Employment (DoLE) expressed full support Tuesday for President Ferdinand Marcos Jr.’s proposal to raise the income tax exemption…
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Senior Deputy Majority Leader Sen. JV Ejercito has filed two bills seeking to lower electricity rates by removing the system loss charge passed on to consumers…
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President Ferdinand R. Marcos Jr. on Monday urged Congress to pass a package of tax relief measures that would raise income tax exemptions for workers, ease…
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As price shocks due to inflation have continued to affect consumers’ purchasing power, House Committee on Ways and Means chairperson Rep. Miro Quimbo expressed…
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As inflation continues to erode consumers' purchasing power, House Committee on Ways and Means Chair Rep. Miro Quimbo said lawmakers will review the country's…
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The Bureau of Internal Revenue (BIR) has filed a P22.71-billion tax evasion complaint before the Department of Justice (DOJ) against Sunwest…
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The Light Rail Transit (LRT) Line 1 Cavite Extension project has cleared a major right-of-way hurdle as the Villar family has agreed to donate the land needed…
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The Light Rail Transit (LRT) Line 1 Cavite Extension has cleared a major right-of-way (ROW) hurdle as the Villar family stands willing to donate the land…
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The Bureau of Internal Revenue (BIR), in coordination with the Philippine National Police (PNP), seized 17 master cases of illicit cigarettes during…
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Ahead of the Senate ruling on petitions to open the transaction records of Vice President Sara Duterte, House prosecutors and two civic groups on Monday…
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Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza highlighted the agency's latest reforms aimed at simplifying tax compliance and…
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‘If we’re able to give them a real VVIP treatment, engagement and experience, we’re able to justly and fairly serve 80 percent of the sources of our revenue.’
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‘The DoF and BIR will continue working closely with partner agencies, Congress, development partners, and stakeholders to develop a Philippine Global Minimum…
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The Philippine government has begun drafting legislation to implement the Global Minimum Tax (GMT), marking a key step toward adopting the OECD/G20-backed…
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The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
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