2,277 medicine now VAT-free; 1.2M more workers eyed for tax exemption — BIR
The Bureau of Internal Revenue (BIR) said the number of value-added tax (VAT)-exempt medicines has increased to 2,277 following the inclusion of 14 additional…
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Daily TribuneTopic
The Bureau of Internal Revenue (BIR) said the number of value-added tax (VAT)-exempt medicines has increased to 2,277 following the inclusion of 14 additional…
· 2 MIN READ
Under the latest BIR Revenue Memorandum Circular No. 87-2026, VAT exemptions now cover 708 medicines for cancer, 537 for hypertension, 331 for diabetes, 300…
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‘The quickest way to improve a family’s finances is not always by giving them more — it is by allowing them to keep more of what they have already earned.’
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Drivers of traditional jeepneys and UV Express vehicles will receive an increased fuel discount of P12 per liter starting 15 August to cushion the impact of…
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Prevailing pump prices in Metro Manila are expected to ease to around P68.97 to P99.17 per liter for gasoline, depending on the grade, while diesel prices…
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The Chamber stressed, however, that deeper reforms are urgently needed to secure affordable, reliable, and sustainable power nationwide.
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The Land Transportation Franchising and Regulatory Board (LTFRB) has extended the fuel discount program for public utility vehicle (PUV) operators through…
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Motorists expect a measure of relief next week as pump prices are expected to decline for the first time after weeks of hefty increases, although retail prices…
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Motorists could get some relief next week as pump prices are expected to decline for the first time after weeks of hefty increases, although retail prices are…
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Philippine economic growth could slow to as low as 1.42 percent in the second quarter as the Gulf conflict continues to weigh on the domestic economy,…
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Unveiled at the BSP headquarters on Wednesday were new services — Direct Debit PH, InstaPay Cash-In and InstaPay for Business — designed to strengthen the…
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Phoenix clamped down on defense in the second half and found answers to every comeback attempt by Blackwater on its way to a 102-93 rebound win in the…
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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 Philippine National Police (PNP) has ordered a nationwide crackdown on illegal oil operations after authorities seized P16.3 million worth of petroleum…
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Under Level 13, airlines may collect P423 to P1,237 in fuel surcharges per passenger for one-way domestic flights. For international flights, the surcharge…
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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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Air travel will become more expensive again in August after the Civil Aeronautics Board (CAB) increased the airline fuel surcharge to Level 13, allowing…
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