Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
(Eagle News) — Senator Grace Poe on Thursday, May 24, said she and her colleagues in the committee on public services would hold a hearing on the “domino effect” of the Tax Reform for Acceleration and Inclusion law in Iloilo on Friday, May 25. “Kailangang isipin natin kung paano mapagagaan ang buhay ng ating mga kababayan lalo na sa probinsya dahil sa pagmahal ng kuryente, tubig at bilihin at ang nakaambang pagtaas ng pamasahe,” Poe […]
(Eagle News) — Rep. Gary Alejano has filed a resolution seeking for a review of the Tax Reform for Acceleration and Inclusion law. In filing House Resolution 1838, Alejano said “almost all Filipinos, 98 percent, feel the increase in prices, especially in food and beverages..” following the implementation of the law. Like Senator JV Ejercito, Alejano also noted the increase in the inflation rate, which he said was at 4.5 percent. He said this was […]
(Eagle News) – Senator JV Ejercito on Tuesday, May 8, called on government economic managers to suspend the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law to arrest what he said was a rising inflation rate. “It might be wise to consider a suspension of the TRAIN law if the trend continues to breach the inflation threshold,” Ejercito said in a statement, following what he said were reports the headline inflation rate accelerated […]
(Eagle News) — A second petition seeking to nullify the implementation of the first package of the Tax Reform for Acceleration and Inclusion law was filed before the Supreme Court on Monday. Laban Konsyumer Inc. through its president, former Trade Undersecretary Victor Dimagiba, said there was “no hiding that the increase in excise taxes” on coal, LPG, kerosene and diesel under the law would “hit low-income and poor families the hardest.” “It will not be the […]
https://youtu.be/xsE01SuBPCo By Moira Encina Eagle News Service Militant lawmakers asked the Supreme Court on Thursday to declare the Tax Reform for Acceleration and Inclusion unconstitutional, noting what they said was a lack of quorum when its bicameral conference committee report was ratified in the House of Representatives. In their petition, Reps. Carlos Zarate of Bayan Muna, Ariel Casilao of Anakpawis, and Antonio Tinio of ACT Teachers party-list, also asked that the SC issue a temporary […]
(Eagle News) — Mararamdaman na sa Lunes, Enero 15, ang magandang epekto umano ng Tax Reform for Acceleration and Inclusion (TRAIN) sa mga empleyado ng gobyerno at ng mga pribadong kumpanya. Ito ang tiniyak ng Bureau of Internal Revenue (BIR) matapos ipag-utos sa ilalim ng TRAIN ang pagbaba ng personal income tax ng mga ito. Ayon kay BIR assistant commissioner Marissa Cabreros, zero o wala nang tax na ikakaltas sa mga sumusuweldo ng Php 20,000 […]
(Eagle News) –The Tax Reform for Acceleration and Inclusion (TRAIN) law is expected to raise over P786 billion in revenues in a span of five years. According to Department of Finance (DOF) Secretary Carlos Dominguez III, the projected revenues amount to P786.4 billion in that period of time. Based on DOF data, Package 1 of TRAIN, which was signed into law on Dec 19, 2017, is expected to generate P89.9 billion. Package 1 raises taxes on fuel, […]
(Eagle News) — Napapanahon na raw para magkaroon ng tax reform sa bansa. Ayon kay Albay Rep. Joey Salceda, masyado nang mataas ang binabayarang buwis ng mga ordinaryong mangagawang Pilipino. Sa Asya aniya ang Pilipinas ang may pinakamataas na buwis na ipinapataw sa mga empleyado. Si Salceda ang may-akda at naghain sa House Bill 4688 o Tax Reform for Acceleration and Inclusion (TRAIN). Nakasaad sa nasabing panukalang batas na ibaba ang personal income tax ng […]
