Senator Pia Cayetano on Tuesday, August 3 vowed to expedite the passage of the bill that seeks to clarify the controversy regarding the preferential tax rates of private schools. Cayetano, who chairs the Senate Ways and Means Committee, said she is now waiting for the transmittal of the House of...
The House Ways and Means Committee on Monday, August 2, approved the draft measure that aims to define the tax rates for propriety educational institutions (PEIs) and allow them to avail of preferential rates on taxable income. House of Representatives4 House ways and means chairperson and Albay...
Senator Sonny Angara on Thursday, July 29 welcomed the decision of the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) in suspending the implementation of the new tax regulations on private schools and giving Congress sufficient time to fix the confusion caused by the law....
President Duterte thanked health workers and other frontliners, the private sector, and the local government units (LGU) who helped in the country’s fight against COVID-19 during his sixth and final State of the Nation Address (SONA) at the Batasang Pambansa in Quezon City on Monday, July 26....
The Private Hospitals Association of the Philippines (PHAPI) on Saturday, July 24, has noted an increase in healthcare utilization rate in Ilocos Region, Western Visayas, Northern Mindanao, and Davao Region. (Unsplash) "Ang problema kasi doon sa outlying regions na yan konti po ang facilities nila,...
Where will President Duterte get the "sacks" of money needed to bankroll the campaign of administration candidates in the 2022 elections? President Rodrigo Duterte attends the National Assembly of the Partido Demokratiko Pilipino - Lakas ng Bayan (PDP-Laban) in Clark, Pampanga on July 17, 2021....
The private sector is committed to ensure a swift rollout of coronavirus vaccines to employees with the anticipated arrival of over a million doses of AstraZeneca jabs. Presidential Adviser for Entrepreneurship Joey Concepcion talks to Trade Secretary Ramon Lopez and testing czar Vince Dizon on the...
A proposed "micro-herd immunity" in malls and other workplaces will be discussed by the private sector with the national government this week. A health worker administers a coronavirus vaccine to a Manila resident during the inoculation drive held at SM Manila on July 6, 2021. (Ali Vicoy/Manila...
While it supports education and learning continuity amid the pandemic, a council urged the government to allow quality education to thrive by supporting the private education system. (Photo from Unsplash) “Education indeed should not only continue. For us, quality education must thrive,” said...
The government allows private companies to seek "cost reimbursement" or "cost sharing" for the coronavirus vaccines allocated to the dependents of its employees, Malacañang clarified Tuesday. A Manila resident receives a coronavirus shot at a vaccination hub located at SM Manila on July 6, 2021....
Private schools that have been hard-hit by the economic impact of the coronavirus disease (COVID-19) pandemic received support from business groups as they now face a 150-percent increase in income tax rate. (Pixabay) The Coordinating Council of Private Educational Associations (COCOPEA), in a...
Opposition Senator Leila de Lima has joined other lawmakers in calling for the suspension of the new tax scheme imposed on private schools. In filing Senate Resolution No. 766, De Lima urged the Duterte administration to cancel the 25 percent corporate income tax on private schools imposed by the...
