
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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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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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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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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‘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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Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
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The Senate impeachment court on Monday returned the unsealed box containing the income tax returns of Vice President Sara Duterte and her husband, lawyer…
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The Bureau of Internal Revenue (BIR) has removed a major administrative hurdle for certain proprietary club share transfers, allowing qualified transactions…
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Senate President Win Gatchalian said Sunday that no amount of procedural wrangling between the prosecution and Vice President Sara Duterte’s defense could…
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The program is open to micro taxpayers with annual gross sales of not more than P3 million and total basic tax liabilities and penalties of P80,000 or less for…
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‘The single-instance audit framework reduces taxpayer burden and curbs opportunities for abuse, exactly the kind of leadership that strengthens competitiveness…
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The Senate impeachment court has entered the next phase of the trial proceedings as it is set to release the pre-trial order on Monday, even as the fireworks…
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The national government’s budget deficit widened to P198.5 billion in May, up 36.7 percent from P145.2 billion a year earlier, as lower non-tax revenues offset…
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