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Moves to raise tax exemption cap on bonuses gain ground in House

Nueva Ecija Rep. Estrellita Suansing. Photo from https://www.facebook.com/athel.suansing

Moves to increase the tax exemption cap on bonuses gained ground in the House of Representatives as another lawmaker filed a similar proposed measure.

Posted: March 20th, 2014 in Latest News Stories,Nation | Read More »

Senate eyes law exempting from tax 13th month pay of up to P75,000

Senators Franklin Drilon and  Ralph Recto. INQUIRER FILE PHOTOS

Congress will pass a bill increasing the amount of 13th month pay that will be exempted from the income tax from the present P30,000 to P75,000, Senate President Franklin Drilon said on Tuesday.

Posted: February 18th, 2014 in Latest News Stories,Nation | Read More »

Gov’t to lose P40B in revenues if bill raising cap on tax exemption is passed

Bureau of Internal Revenue building

The government stands to lose as much as P40 billion in revenues if a House bill seeking to raise the tax ceiling exemption of workers is passed, a finance official warned.

Posted: January 28th, 2014 in Latest News Stories,Nation | Read More »

BIR chief: I’ll play ‘bad guy’ when it comes to tax-relief proposals

Internal Revenue Commissioner Kim Henares: Not a priority. INQUIRER FILE PHOTO

The government thumbed down on Tuesday all proposed tax-exemption measures in the Senate, saying this would cost the government P74 billion in revenue losses.

Posted: December 17th, 2013 in Latest News Stories,Nation | Read More »

Recto files measure raising tax exemption on bonuses


Sen. Ralph Recto has filed a bill increasing to P75,000 the amount in 13th-month pay, Christmas bonus and other benefits that would be exempt from income tax.

Posted: December 16th, 2013 in Latest News Stories,Nation | Read More »

Bill seeks lifetime tax exemption for Pacquiao for ‘making Filipinos proud’

Manny Pacquiao. AP  FILE PHOTO

In coming to boxing superstar Manny Pacquiao’s defense, a colleague in the House of Representatives has proposed an unprecedented idea: Exempt him from paying income taxes for the rest of his life.

Posted: December 5th, 2013 in Latest News Stories,Nation | Read More »

Perks eyed for business-minded OFWs


In a bid to encourage overseas Filipino workers (OFWs) to put up small and medium enterprises in Quezon City, a councilor has pushed a measure that will exempt them from paying business taxes for up to three years.

Posted: September 3rd, 2013 in Headlines,Metro | Read More »

PH agri leaders unite vs smuggling

For the first time in more than 20 years, major stakeholders in the country’s agriculture sector formed a united front denouncing rampant smuggling and what they called as “unlawful entry” of a Thai food company that had been granted tax exemptions and other perks.

Posted: January 22nd, 2013 in Headlines,Regions | Read More »


AN inmate of the Cebu Provincial Detention and Rehabilitation Center (CPDRC) charged with murder escaped after a court hearing in Bogo City, northern Cebu, before noon yesterday.

Posted: January 12th, 2012 in CDN - News,Cebu Daily News | Read More »

Pressure on to secure SRP lot tax exemptions

Cebu City Hall needs to secure tax exemption for companies that acquired lots in the South Road Properties (SRP) lest they remit their quarterly payments to the Bureau of Internal Revenue.

Posted: September 20th, 2011 in CDN - News,Cebu Daily News | Read More »

Lim, others face charges over tax exemption


Top city officials of Manila led by Mayor Alfredo Lim are facing criminal complaints before the Office of the Ombudsman for approving a city ordinance that exempted telecommunications giant Smart Communications from paying certain taxes. The complaint was filed by former Manila Mayor Lito Atienza, who described the ordinance as “highway robbery in broad daylight.” [...]

Posted: July 10th, 2011 in Headlines,Metro | Read More »

  1. Estrada: Gigi Reyes won’t testify vs JPE
  2. Cagayan mayor shot dead after flag-raising ceremony
  3. Obama, family cause a small stir at Easter service
  4. Santiago sees Palace hand in Gigi’s return
  5. ‘Malang’ next crocodile attraction after ‘Lolong’
  6. Gigi Reyes’ only option: tell all
  7. Malaysia Airlines jet turns back after tire burst
  8. Ancient enigmatic carvings in danger of disappearing
  9. New plant to boost supply of clean energy
  10. More bodies from ship; transcript reveals wavering
  1. Kim Henares needs a reprimand, says Cayetano
  2. Suspect in Vhong Navarro mauling tries to leave PH
  3. More legal woes for Cedric Lee
  4. Enrile chief aide back in PH ‘to face charges’
  5. ‘No real progress in PH if dynasties not dismantled’
  6. Henares on Pacquiao bashing: I did not start this
  7. ‘Mom, I love you,’ says text from student on sinking ferry
  8. Massive infra spending set
  9. Fr. Suarez says last Mass on Easter before returning donated land to San Miguel
  10. I’ll follow my conscience on Estrada, says JV Ejercito
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Cudia, dismissed for lying, got 99% in conduct
  8. Police rule out foul play in Helena Belmonte’s death as boyfriend is ‘traumatized’
  9. Kim Henares needs a reprimand, says Cayetano
  10. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia


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  • Saudi Arabia reports 3 more deaths from MERS virus
  • Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  • Why are Americans obsessed with missing plane?
  • Napoles to have surgery on Tuesday – report
  • Sports

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  • Wawrinka beats Federer to win Monte Carlo Masters
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  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • Arrest warrants out vs. Deniece Cornejo, Cedric Lee, et al over serious illegal detention
  • Lindsay Lohan says she had a miscarriage
  • Discovery network cancels Everest jump
  • ‘Captain America’ stays strong atop US box office
  • Easter musings
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  • Century Pacific Food sets IPO price at P13.75 per share
  • Oil prices down in quiet Asian trade
  • Asian shares mixed in holiday-thinned trade
  • BDO seen keen on bidding for Cocobank
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  • Nintendo’s trailblazing Game Boy marks 25th anniversary
  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Filipinos in Middle East urged not to panic amid MERS-CoV scare
  • Obama on mission to quiet Asia skeptics
  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
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