Solons seek tax cuts for low-power users | Jovee Marie de la Cruz

PARTYLIST lawmakers are pushing for the passage of a bill exempting households with a total monthly consumption of 200 kilowatts per hour and less from the imposition of value-added taxes .

It is vital to provide a little more support for the low-income earners who could no longer keep up with the rising prices of goods and services, the lawmakers said. Exempting the low-income households from the payment of VAT will be a huge relief as it would translate to a discount of almost P 1.20 per kWh, or roughly P240 per month, the bill added.“Our daily routines are crippled without a reliant supply of electric power,” the solons’ explanatory note added.

According to the lawmakers, this obvious dependence on electricity gave power firms and inequitable leaders unrestrained control as to the charges imposed against the helpless consumers.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solon: Time to lay down unemployment insurance | Jovee Marie de la CruzAS the Philippines’s jobs situation continues to show enduring weaknesses, an economist-lawmaker on Thursday said the government must shift the social benefits system from targeted cash transfers to some form of universal unemployment insurance. Albay Rep. Joey Sarte Salceda, a senior economist of the House of Representatives, said the current…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Heart Evangelista snaps a photo with 'Emily in Paris' stars Ashley Park and Camille RazatPinoy fans of hit series 'Emily in Paris' are feeling ecstatic after Heart uploaded a photo of her with Ashley Park and Camille Razat! 🤩
Source: gmanetwork - 🏆 12. / 63 Read more »

Solon envisions modernized, 'investor and tourist-friendly' BI4PS Party-list Rep. Marcelino “Nonoy” Libanan has re-filed the bill that seeks to reorganize and modernize the Bureau of Immigration (BI). Modernization isn't the issue. It's the unchecked curruption that is the problem. Their curruption might only be surpassed by BOC but it's a close race. Most of the 'fixers' are BI employees.
Source: manilabulletin - 🏆 25. / 51 Read more »

Gomez seeks one-year deferment of village, youth polls; here's whyRookie solon Leyte 4th district Rep. Richard Gomez has filed a bill pushing for the postponement of the Dec. 5, 2022 Barangay and Sangguniang Kabataan Elections (BKSE).
Source: manilabulletin - 🏆 25. / 51 Read more »

Arts & Culture (07/06/22) - BusinessWorld OnlineISTORYA, a narrative design studio founded by artists Rodel Tapaya and Marina Cruz, creates toys and toys and print-based products on the history and culture of the Philippines.
Source: bworldph - 🏆 9. / 68 Read more »

DOTr chief names Romeo Vera Cruz as LTO officer-in-chargeTransportation Secretary Jaime Bautista on Wednesday named lawyer Romeo Vera Cruz as officer-in-charge of the Land Transportation Office (LTO).
Source: gmanews - 🏆 11. / 68 Read more »