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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 […]
Milk and 3-in-1 coffee are excluded from the proposed excise tax on sweetened beverages under the version that the Senate panel reported out last week. Senator Sonny Angara, chairman of the ways and means committee, said the committee finds it unjustifiable to tax milk – given its nutritional value – the same way as […]
The Overseas Workers Welfare Administration (OWWA), the lead government agency tasked to promote the welfare of overseas Filipino workers (OFWs) and their families, will be getting for the first time government allocation for its operating requirements, thanks to the new OWWA law. “Sa halos apat na dekada mula nang naitatag ang OWWA, ito ang […]
Senator Sonny Angara is pushing for the passage of a bill that seeks to make health services available to all Filipinos at affordable cost even to patients suffering from life-threatening illnesses. Angara’s Senate Bill 1555 integrates hospice and palliative care into the Philippine healthcare system. Palliative and hospice care aims to improve the quality […]
Senator Sonny Angara is pushing for the passage of bills that seek to ensure that Filipinos will be provided with better quality of health services from maternal and infant care up to the end-stage of life. Angara is the principal author of Senate Bill 1537 or the Healthy Nanay and Bulilit Act, also known […]
Bigger cash incentives are awaiting the 121 Philippine team medalists of the recently concluded 29th Southeast Asian Games held in Kuala Lumpur, Malaysia. “We are very proud of our winning athletes. Bilang pasasalamat at pagkilala sa kanilang pagkapanalo, mas malaking insentibo po ang naghihintay sa kanilang pagbabalik,” said Senator Sonny Angara, who sponsored the […]