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FINANCE Secretary Ralph G. Recto gave assurances on Monday that the government can still collect its much-needed revenues despite the value-added tax (VAT) exemption for registered exporters on their local purchases of goods and services. With the burden and complexity that comes with claiming VAT refunds in the country, local…
THE passage of the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill will further drive investments, especially in the semiconductor and pharmaceutical industries.
(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Wednesday ordered the Regional Tripartite Wages And Productivity Board to review the minimum wage rates in every region in a Labor Day directive, but militant workers who marched toward the Palace before they were stopped by anti-riot police demanded a legislated across-the-board increase instead.
President Ferdinand Marcos Jr. ordered on May 1, 2024, Labor Day, the wage policy-making agencies to conduct a review on salary rates across the country to cushion the effects of inflation.
To narrow the gap between Filipinos’ earnings and the fast rising prices, President Ferdinand Marcos Jr. has directed a review of workers’ pay throughout the co