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Senator Sonny Angara seeks to expand the government’s free medicines program for poor families to include more hospitals, especially in far-flung areas. Under the earmarking provision of Senate Bill 1592 or the Tax Reform for Acceleration and Inclusion (TRAIN), which Angara sponsored as chairman of the ways and means committee, among the programs that […]
To really encourage payment of correct taxes, the Senate version of the first tax reform package has made available to self-employed individuals and professionals a flat tax regime that is simpler and easier to comply. Under Senate Bill 1592 or the Tax Reform for Acceleration and Inclusion (TRAIN), self-employed individuals and professionals can choose […]
Senator Sonny Angara has urged anew the Bureau of Customs (BOC) to fast-track the issuance of proper guidelines for the implementation of tax-free balikbayan boxes that would truly benefit overseas Filipino workers (OFWs). “Magpa-Pasko na naman pero wala pa ring kasiguraduhan kung mapapakinabangan na ng ating mga kababayang abroad ang pribilehiyong ito. Noong nakaraang […]
Senator Sonny Angara has filed a bill that seeks to make cancer treatment and care more equitable and affordable for all Filipinos. “Cancer pushes Filipino families deeper into poverty. Its treatment costs are catastrophic and the economic burden is overwhelming. Social safety nets are limited, with patients and their families often spending on laboratory […]
To support the implementation of free tuition in state colleges and universities (SUCs), SUCs will have an across-the-board increase in Capital Outlay in the amount of P10 million under the Senate version of the proposed 2018 national budget. “The committee provided an increase of P10 million in the budget for Capital Outlay of every […]
The IT-Business Process Association of the Philippines (IBPAP) said IT-BPM investment pledges in the country are now showing “signs of recovery”, thanks to the Senate version of the first tax reform package which retained the current incentives of the industry. “The Senate did not touch the industry’s tax incentives to enable the country to […]
Teachers, both public and private, will be among the millions of income taxpayers that will benefit from the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) bill. Senate Bill 1592 or TRAIN seeks to exempt P150,000 annual taxable income, while retaining the P82,000 tax exemption for 13th month pay and other bonuses, […]
Not only did the Senate retain the value-added tax (VAT) exemption of senior citizens, it also seeks to allocate funding for a universal social pension that would benefit all poor senior citizens in the country. Under Senate Bill 1592 or the Tax Reform for Acceleration and Inclusion (TRAIN) bill, part of the incremental revenues […]
Senator Sonny Angara is pushing for the passage of a bill that seeks to put in place tighter security measures in all colleges and universities in the country. Senate Bill 946 mandates all higher education institutions and technical vocational institutions to establish a Crime Prevention Committee to formulate policies and strategies that would help […]
The Senate version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill specifically allocated the revenue gain from the proposed tax reform measure to the implementation of the Free College law, among other programs that directly benefit the poor. During the budget hearing of the Commission of Higher Education (CHED), CHED Chairperson Patricia […]