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Politics

BIR URGED: SUSPEND ONLINE TRANSFER FEES AMID COVID

Senator Win Gatchalian urged the Bangko Sentral ng Pilipinas (BSP) and the banking community to suspend the collection of fees on online money transfers while COVID-19 cases peak. “With a number of banks shortening their operating hours, some banks even temporarily closing as some of their employees have also contracted the disease or manifested symptoms […]

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Politics

SUSPEND EXCISE TAX ON FUEL PRODUCTS – PANGILINAN

With farmers, fisherfolk, and other marginalized sectors bearing the brunt of the oil price hike, Senator Kiko Pangilinan calls to suspend excise tax on fuel under the TRAIN Law. “Dapat palaging isipin kung sino ang mga pinaka-apektado. Palaging ang papasan nito ay ang mga maliliit — ang mga magsasaka na umaasa sa krudo para sa […]

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Politics

NO TAXES ON LOCAL MOVIES FOR 1 YEAR – DE VENECIA

The chair of the House Committee on Creative Industry and Performing Arts appealed to the local government units (LGUs) and the Bureau of Internal Revenue (BIR) to temporarily suspend the collection of the taxes from the local movies for at least 12 months. Pangasinan Representative Christopher de Venecia made the appeal as he welcomed the […]

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Politics

PEACE LAUDS SUSPENSION OF PRIVATE SCHOOLS TAX HIKE

An education advocacy group on Sunday thanked the Bureau of Internal Revenue for stopping the implementation of a controversial regulation that would have increased the amount of income taxes paid by private schools by 150 percent. “Nagpapasalamat tayo sa BIR sa pagsuspinde ng regulasyong ito. At a time when all schools are reeling from the […]

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Politics

FREEZE 12% VAT ON OIL PRODUCTS – MARCOS

Senator Imee Marcos is calling for a one-year suspension of the value-added tax (VAT) on oil products amid lingering economic difficulties due to the COVID-19 pandemic. Marcos, who chairs the Senate committee on economic affairs, noted another price hike by oil companies that reached per liter increases of P1.15 for gasoline, P0.60 for diesel, and […]

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Government

MMDA SUSPENDS ‘KOTONG’ TRAFFIC AIDES – ABALOS

Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos ordered the preventive suspension of two traffic enforcers identified in the extortion video that went viral on social media. Abalos served the notice of charge to traffic enforcers Raul Gulmatico and Corazon Castañeda, placing them on 90-day preventive suspension pending the result of investigation for the following […]

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Politics

DUTERTE SIGNS LAW DEFERRING SSS CONTRIBUTIONS

Senator Joel Villanueva hailed Malacañang’s signing into law a bill granting the President the power to hold off Social Security System (SSS) contribution hikes during the COVID-19 pandemic. “Maraming salamat po sa ating Pangulo. But having been given that power, the President must now pull the trigger so to speak,” said Villanueva, chair of the […]

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Politics

DY URGES PCSO: SUSPEND STL OPERATIONS IN ISABELA

With no less than a former Supreme Court justice identifying the legal infirmities in authorizing private corporations to conduct small town lottery (STL) operation in the provinces, and with employees of these authorized agent corporations (AACs) contributing to the surge of COVID-19 cases in Isabela, the province’s youngest solon reiterated calls for the Philippine Charity […]

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Politics

DEFER VEHICLE INSPECTION SYSTEM – VILLANUEVA

Senator Joel Villanueva has sought the suspension of the implementation of the New Motor Vehicle Inspection System (NMVIS) as transport regulators and private-owned motor vehicle inspection centers (PMVIC) failed to demonstrate preparedness to consistently and fairly implement new vehicle registration standards. At the hearing of the Senate public services committee, Villanueva lamented that officials of […]

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Politics

ANGARA: HALT ONLINE TRANSACTION FEES AMID COVID-19

Senator Sonny Angara issued an appeal to the banks and mobile payment systems to suspend the collection of fees for digital transactions while the country is still dealing with the COVID-19 pandemic. Several banks and mobile money services will resume their collection of fees in spite of an appeal by the Bangko Sentral ng Pilipinas […]