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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The Senate impeachment court on Wednesday granted the prosecution’s request to take judicial notice of the House of Representatives hearings that led to the…
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The Department of Agriculture (DA) is asking the Supreme Court (SC) to reconsider its decision striking down the government’s mandatory vessel monitoring…
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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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In sum, petitioner’s mere failure to return the entrusted funds does not ipso facto constitute estafa absent clear proof of the elements of misappropriation…
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Following the decision of President Ferdinand Marcos Jr. to lift a 7-year moratorium and allowing the establishment of IT Centers and IT Parks in Metro Manila,…
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Philippine Economic Zone Authority (PEZA) director general Tereso Panga welcomed the order of President Ferdinand Marcos Jr. to lift the seven-year moratorium…
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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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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 Marcos Jr. took a swipe at “detractors,” apparently aimed at China, in his fifth State of the Nation Address on Monday, as he pledged to uphold the…
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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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President Ferdinand Marcos Jr. took a swipe at “detractors,” apparently referring to China, during his fifth State of the Nation Address (SONA) on Monday as he…
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Abusers cannot expect leniency simply because their cruelty travels through Wi-Fi rather than a clenched fist.
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