Credit to Author: clopez| Date: Wed, 16 Jan 2019 21:30:08 +0000
Some pharmacies are not complying with the law requiring all drugstores starting Jan. 1 to exempt from the 12-percent value-added tax (VAT) the sale of medicines for diabetes, hypertension and high cholesterol to people aged below 60 years old.
The post Drugstores told: Give VAT exemptions appeared first on Inquirer News.
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Credit to Author: clopez| Date: Wed, 16 Jan 2019 21:22:39 +0000
Militant lawmakers on Wednesday warned of an “oil price explosion” brought by the second tranche of the Tax Reform for Acceleration and Inclusion Act, or TRAIN 2.
The post ‘Price explosion’ projected under TRAIN 2 appeared first on Inquirer News.
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Credit to Author: besguerra| Date: Mon, 14 Jan 2019 21:04:04 +0000
More than 100 medicines for diabetes, high cholesterol and hypertension have become cheaper, thanks to the exemption from the 12-percent value-added tax (VAT) these now enjoy under the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the Department of Finance (DOF) said on Sunday.
The post More than 100 maintenance meds now VAT-free appeared first on Inquirer News.
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Credit to Author: clopez| Date: Mon, 24 Dec 2018 21:20:18 +0000
Today is a time for peace, joy, happiness, hope, prosperity and sharing. Let us reflect on the birth of our Lord together with our family and loved ones.
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It’s TRAIN, not Trump.
The post Duterte told: TRAIN, not Trump, to blame for high inflation appeared first on Inquirer News.
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President Rodrigo Duterte should let the axe fall on his economic managers for their failure to curb the unremitting spike in inflation rate, which hit a nine-year high of 6.4 percent last month, according to House Minority Leader, Quezon Rep. Danilo Suarez.
The post Solons call on Duterte to fire ‘incapable’ economic chiefs appeared first on Inquirer News.
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Senate President Vicente Sotto III on Saturday said his bill for the second package of the government’s tax reform program has a chance to be approved before the 2019 Elections. According to Sotto, the Tax Reform for Acceleration and Inclusion (TRAIN) 2 might be granted if proven that it would benefit the micro, small, and medium enterprises (MSMEs).
The post Sotto: TRAIN 2 may be approved before 2019 elections appeared first on Inquirer News.
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His allies in the Senate on Sunday advised President Rodrigo Duterte to focus on “gut issues” in his State of the Nation Address to a joint session of Congress on Monday afternoon.
The post Dwell on ‘gut issues,’ not antidrug campaign, allies urge Duterte appeared first on Inquirer News.
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The Department of Trade and Industry (DTI) found 85 products costing above the suggested retail price (SRP) range nationwide but the excess was only “by a few centavos.”
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Starting next week, the Department of Agriculture (DA) will impose a suggested retail price (SRP) on basic agricultural goods “to avoid an abnormal movement of prices in the market,” Agriculture Secretary Emmanuel Piñol said.
The post DA acts vs ‘abnormal’ pricing of 8 key food items appeared first on Inquirer News.
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