The House Committee on Ways and Means approved on Monday, Nov. 19 legislative proposals increasing to ten percent from five percent the rate of discounts on water and electricity bills of senior citizens. Senior Citizens In a hearing, the House panel chaired by Albay Rep. Joey Sarte Salceda granted...
The House Committee on Ways and Means approved Thursday, Nov. 11 the proposal to reduce or suspend excise taxes on petroleum products but not on premium gasoline with highest octane mix. Gasoline up The House panel chaired by Albay 2nd District Rep. Joey Sarte Salceda approved a substitute bill...
A principal author of the law that imposed excise taxes on fuel is now seeking the reduction of the much-criticized imposition but with an effectivity of just six months - from December 1, 2021 to June 1, 2022. Albay Rep. Joey Sarte Salceda Albay Rep. Joey Sarte-Salceda, chairman of the House...
The procurement of Molnupiravir, an anti-viral pill that its developer Merck & Co.boasts as a potential game changer in the fight against COVID-19, will have to be considered in amending the proposed 2022 national budget. Rep. Joey Sarte Salceda Albay Rep. Joey Sarte-Salceda aired this...
The House of Representatives on Tuesday, Sept. 21 approved on third and final reading a bill that will impose value added tax on all digital and electronic transactions for goods and services. Netflix logo With 167 affirmative and six negative votes, House Bill 7425 was approved on final reading....
The House of Representatives has approved on third and final reading a bill that would further plug loopholes in the current Anti-Money Laundering Law by penalizing smuggling of foreign currency and other monetary instruments in bulk. Dollar Smuggling With 197 affirmative and zero negative votes,...
The proposed Hidilyn Diaz Act easily hurdled second reading passage in the House of Representatives on Tuesday, August 24. Hidilyn Diaz 2 House Bill 9990 seeks to clarify all laws on the imposition of taxes for bonuses, rewards, donations, gifts and other forms of emoluments granted to national...
The House of Representatives has provided another way for Filipinos to earn millions of pesos even without winning a gold medal in Olympic Games. House of Representatives plenary On Monday, August, 23, the legislative chamber gave its unanimous nod to the final reading approval of a bill that will...
The House of Representatives on Monday, August 23 passed on third and final reading the bill that proposes to define tax rates for proprietary schools in order to allow them to avail of the 10-percent preferential rate on taxable income. STUDENTS With all 203 members present voting in the...
The House of Representatives has responded positively to President Rodrigo Duterte’s appeal for the passage of a bill that would help ensure sufficient medical oxygen supply by exempting its importation from taxes. Oxygen tanks Albay Rep. Joey Sarte Salceda (2nd district, Albay) filed on...
sugal Its final, the House of Representatives will adopt the Senate version of the Philippine Offshore Gaming Operations (POGO) tax bill as congressmen underscored the need to immediately raise P13.4 billion from POGO operators to further boost government’s financial capability in fighting the...
