A House leader is prodding the Department of Finance (DOF) and the Fiscal Incentives Review Board (FIRB) to help business process outsourcing (BPO) companies retain their tax incentives under the CREATE law as well as their work-from-home jobs. Albay 2nd district Rep. Joey Salceda Albay 2nd...
Albay 2nd district Rep. Joey Salceda has expressed confidence that the proposed Ease of Paying Taxes (EOPT) Act will become a law in 2023, in the current 19th Congress. (Recha Oktaviani/ Unsplash) This, as the House Committee on Ways and Means chairman noted the steady movement of the measure among...
Transparency isn't a mere afterthought in the proposed Philippine sovereign wealth fund, dubbed the Maharlika Investment Fund (MIF). (MANILA BULLETIN) House Speaker Martin Romualdez gave this assurance to Filipinos Sunday, Dec. 18, or just three days removed from the MIF Bill's passage on third and...
This early, Albay 2nd district Rep. Joey Salceda wants the Philippines' national budget for 2024 to have funding for coastal defense. Albay 1st district Rep . Joey Salceda Salceda, chairman of the House Committee on Ways and Means, said this would allow "arming our own navy with credible...
Despite being in the legislative mill in the House of Representatives for a total of just 18 calendar days, the proposed Maharlika Investment Fund (MIF) underwent a lot of revisions and fine-tuning. Albay 2nd district Rep. Joey Salceda In fact, the measure, embodied in House Bill (HB) No.6608,...
Senior Deputy Speaker and former president Gloria Macapagal-Arroyo personally attended a technical working group (TWG) hearing Tuesday, Dec. 6 to personally see through one of her pet measures. Senior Deputy Speaker Gloria Macapagal-Arroyo (Rep. Joey Salceda's Facebook) Taken up during the TWG...
While House Deputy Minority Leader and ACT Teachers Party-list Rep. France Castro on Tuesday, Dec. 6, urged President Ferdinand “Bongbong” Marcos Jr. to prioritize salary increase amid the 14-year-high inflation rate of 8 percent in November 2022, House Ways and Means chair and Albay 2nd...
The House tax panel approved on Monday, Dec. 5, the tax provisions of the proposed House Bill (HB) No. 6398, or the Maharlika Investment Fund Act, which will ensure that tax benefits go to the investment fund rather than line the pockets of executives and other officials. Albay 2nd district Rep....
Recognizing the “heroic role” of barangay health workers during the Covid-19 pandemic, the House Committee on Ways and Means on Monday, Dec. 5, approved the tax provisions of the substitute bill consolidating proposed measures for the magna carta of barangay health workers (BHWs). (Photo from...
Filipino freelance workers may soon enjoy tax relief and special assistance lanes at the Bureau of Internal Revenue (BIR) if a proposed bill recently passed by the House Committee on Ways and Means becomes law. (Photo from theremotehive.com) Albay 2nd District Rep. Joey Salceda, also the chair of...
Albay 2nd district Rep. Joey Salceda has insisted that the timing is right for Congress to push for the enactment of a Philippine sovereign wealth fund, to be dubbed the Maharlika Wealth Fund (MWF). Albay 2nd district Rep. Joey Salceda This, despite the comments from several sectors that the MWF...
Once again, Albay 2nd district Rep. Joey Salceda felt compelled to respond to a known personality's comment on the proposed P275-billion Maharlika Wealth Fund or MWF. (MANILA BULLETIN) The latest personality happens to be former Supreme Court (SC) Associate Justice Antonio Carpio, who reportedly...
