
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…
· 2 MIN READ

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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Consumers could see lower electricity bills if Congress approves President Ferdinand R. Marcos Jr.’s proposal to remove system loss charges, with the Energy…
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Two bills were filed in the Senate on Tuesday seeking to scrap system loss charges and the value-added tax (VAT) on consumers’ electricity bills, in what could…
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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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The country’s largest power generation companies are lining up for Manila Electric Co.’s (Meralco) 600-megawatt (MW) supply contract, setting up a bidding…
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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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A year after President Ferdinand Marcos Jr. vowed to overhaul the country’s troubled power sector, cranes, solar farms and battery storage systems are…
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The two-decade-old Electric Power Industry Reform Act (EPIRA) will be up for a Senate review and a possible overhaul as it failed to deliver its promise of…
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Electricity pricing systems designed decades ago are no longer keeping pace with today’s increasingly digital power grids, according to a new research…
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Filipino households paid the highest electricity prices in Southeast Asia in June, with consumers served by the Southern Leyte Electric Cooperative bearing the…
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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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Filipino households paid the highest electricity prices in Southeast Asia in June, with consumers served by the Southern Leyte Electric Cooperative (SOLECO)…
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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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