Camarines Sur Rep. Luis Raymund Villafuerte on Monday asked Congress to hasten the passage of three measures that mandate tax
Villafuerte said passage of the measures will help the people cope with elevated inflation.
In House Bill 8231, Villafuerte, sought the amendment of various sections of the National Internal Revenue Code of 1997 by imposing a temporary suspension for three years of, or a 50 percent cut on, certain tax payments, to lower electricity rates and the retail prices of fuel products. He filed HB 8241 “in a bid for the 19th Congress to mitigate the effects of the imposition of VAT and the increased excise taxes on petroleum products and coal that are too much of a burden on the consumers and businesses as we recover from the effects of Covid-19 and elevated inflation.”
It also wants to amend Section 148 of the NIRC by reducing by 50 percent for three years the excise tax payments on petroleum products.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Earthquake swarm hits Ragay town in Camarines SurPhivolcs records at least 45 earthquakes in the swarm in Ragay, Camarines Sur, which may either be a 'short-duration burst of earthquake activity' or 'a precursor to a larger magnitude earthquake'
Baca lebih lajut »
Manila must speed up accreditation, purchase of ASF vaccines–lawmakerThe Food and Drug Administration (FDA) and the Bureau of Animal Industry (BAI) must fast-track the accreditation and subsequent purchase of vaccines that have been shown to be effective against African swine fever (ASF), according to a lawmaker. Camarines Sur Rep. Luis Raymund F. Villafuerte Jr. issued the statement over…
Baca lebih lajut »
CamSur earthquake swarm possible sign of bigger quakeNEARLY 50 tremors in what the Philippine Institute of Volcanology and Seismology (Phivolcs) described as an earthquake swarm have been recorded in a town in Camarines Sur since Saturday, August 19.
Baca lebih lajut »
NPA’s remains recovered in Agusan del SurBUTUAN CITY (PNA) – Troops of the 75th Infantry Battalion (IB) recovered on Saturday afternoon, August 19, a cadaver of a New People’s Army (NPA) rebel in the hinterland Barangay Laperian, Prosperidad town in Agusan del Sur.
Baca lebih lajut »
House of RepresentativesRAPPLER | Philippine & World News | Investigative Journalism | Data | Civic Engagement | Public Interest
Baca lebih lajut »
Unique fragrances from an American designer and an Italian luxury houseDuring the pandemic, many people became “fragheads,” meaning they grew fond of perfume makers and became interested in sampling different fragrances. Perhaps this is one of the pandemic’s positive legacies because who doesn’t like smelling good, right? I have always been interested in fragrances but I can’t necessarily call myself…
Baca lebih lajut »