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…
· 2 MIN READ
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
Ilocos Norte Second District Representative Angelo Marcos Barba is preparing to file legislation that would raise the National Tax Allotment for local…
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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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India is moving to expand tax incentives for foreign investors and manufacturers as Prime Minister Narendra Modi seeks to strengthen the country’s appeal as a…
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The Marcos administration said it will push the passage of the tax reform package within the year, stressing that the measures are intended to provide tax…
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The Department of Finance (DOF) is proposing higher excise taxes on sweetened beverages, e-cigarettes, alcohol, plastics and vehicles to offset revenue losses…
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ILOILO CITY — Iloilo City Mayor Raisa Treñas is encouraging homeowners to invest in solar panels as part of the city’s renewable energy campaign, saying the…
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Will the Senate impeachment court be opening a Pandora’s Box that could damn Vice President Sara Duterte, or will out pop a Jack in the Box, leaving the House…
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President Ferdinand Marcos Jr. approved the release of the tax records of Vice President Sara Duterte and her husband, lawyer Manases Carpio, to support the…
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The Bureau of Internal Revenue (BIR) has filed a P402.74-million tax evasion complaint against an internet gaming company linked to former Bamban Mayor Alice…
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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…
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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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