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

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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Senate Senior Deputy Majority Leader JV Ejercito on Tuesday backed a measure that seeks to make it easier for the government to identify and utilize suitable…
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Residential customers of Manila Electric Co. (Meralco) consuming around 200 kilowatt-hours (kWh) a month are expected to save a little over P100 on their…
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The ERC decision to implement a refund for consumers comes in direct response to numerous longstanding complaints about the continuous increase in electricity…
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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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Manila Electric Co. (Meralco) said it will implement a P9.5-billion refund to customers over the next six months after the Energy Regulatory Commission (ERC)…
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Quick research shows that Meralco loses about 5.72 percent of the electricity passing through its system, still below the government’s allowable limit of 6.5…
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The Energy Regulatory Commission (ERC) has ordered Manila Electric Co. (Meralco) to refund more than P9.5 billion to consumers after determining that…
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Dismayado ang ilang mga netizens dahil sa mga isyung hindi nabanggit ni Pangulong Ferdinand "Bongbong" Marcos Jr. sa kaniyang ikalimang State of the Nation…
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Power firms will not go bankrupt if the government pushes measures to scrap the non-technical system loss in electricity bills, as it accounts for only 1.5…
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Navotas Rep. Toby Tiangco has refiled a bill seeking to remove the system loss charge from consumers’ monthly electricity bills following President Ferdinand…
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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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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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Akbayan Party-list Rep. Perci Cendana expressed disappointment over President Ferdinand Marcos Jr.'s failure to mention the Sexual Orientation, Gender Identity…
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Fire sprinklers give homeowners a sense of safety. They can do more than suppress fires, though. A pole dancer in Texas discovered that the hard way while…
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Senator-judge Robin Padilla on Monday questioned what he called the unequal treatment in the handling of the impeachment complaints against President Ferdinand…
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