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
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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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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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SpaceX is entering a critical phase of its public market debut as its first post-IPO lockup expires this week, allowing employees and early investors to sell…
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The Philippine Stock Exchange index (PSEi) fell 38.08 points, or 0.60 percent, to 6,296.64 on Tuesday, while the peso weakened by 23.5 centavos to P61.165…
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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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The Philippine Stock Exchange Index (PSEi) fell 68.61 points, or 1.10 percent, to 6,236.44 to end the week as the peso strengthened sharply by 32 centavos to…
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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 Philippine Stock Exchange Index (PSEi) climbed 49.01 points, or 0.78 percent, to 6,353.04 on Wednesday, while the peso strengthened by 20.4 centavos to…
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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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