Right in the middle of an economic crisis, railway operators are raring to increase fares, but it's still the call of the Department of Transportation (DOTr). During the public hearing on Friday, February 17, petitioners for train fare adjustmentsLight Rail Manila Corporation (LRMC) for Light Rail...
Finance Secretary Benjamin E. Diokno welcomed the decision of the Supreme Court affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the law to be “anti-poor” and unlawful. The Supreme Court dismissed the petitioners’...
The House Committee on Ways and Means has begun to review the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) and other related tax laws. Senior Deputy Speaker Gloria Macapagal-Arroyo (left, standing) This, after the panel chaired by Albay 2nd district Rep. Joey Salceda took up...
A House leader has renewed his call for the automatic suspension of excise taxes on fuel amid the successive pump price hikes last month. (Ali Vicoy/ File photo/ MANILA BULLETIN) By way of House Bill (HB) No. 5176, Camarines Sur 2nd district Rep. LRay Villafuerte wants to make permanent the...
The Supreme Court's (SC) affirmation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law emboldens the House of Representatives--particularly the Committee on Ways and Means--to continue pursuing tax reform measures. Albay 2nd district Rep.Joey Salceda (Facebook) “The ruling upholding...
SAP helps bridge skills gaps through its University Alliances Program In today’s digital world, organizations have been continuously embracing and adopting modern technologies in their business practices to stay competitive. With this reality, businesses require digital skills not only from their...
Senator Sherwin Gatchalian on Monday, January 16 assured that middle income taxpayers can expect a higher take-home pay starting this year due to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Under the TRAIN law, taxpayers earning more than P250,000 a year but not over P8-million wold...
Economist-solon Albay 2nd district Rep. Joey Salceda says he is proud of the part he played in enacting the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which has placed more cash in the pockets of Filipinos who relatively earn less. (Mari Gimenez/ Unsplash) Salceda, chairman of the House...
Here's some good news to start the year 2023. (MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda reminded Filipinos on Saturday, Dec. 31 that half a month's worth of salary awaits them as part of the windfall from the Tax Reform for Acceleration and Inclusion or TRAIN Law. “A 13.5th month...
SENIOR BYAHERO Yearender I retired last year after spending almost 40 years in the corporate world and more than 30 years of traveling. Retirement somehow makes you feel old and obsolete. Your mind suddenly feels inactive and your body starts to feel aches and pains that you never felt before....
Individual taxpayers will get income tax breaks next year, providing Filipino consumers additional purchasing power, but would result in billions of foregone government revenues. This is because the second tranche reduction in personal income tax as mandated under the Tax Reform for Acceleration...
The Light Rail Transit (LRT) -1 Roosevelt Station re-opens today, Monday, December 5, after successfully completing all necessary readiness tests, trial runs, station maintenance works, and operational exercises to integrate Roosevelt area under LRT-1’s brand-new Alstom signalling system. Once...
