Sales tax exemption for elderly approved

Published by rudy Date posted on December 26, 2009

Congress has a special gift for “senior citizens” this Christmas —exemption from the 12-percent value-added tax on their purchase of goods and services.

The Senate, before adjourning last week, unanimously approved Senate Bill 7342 that seeks to expand the benefits to senior citizens and “maximize their contributions to nation building.”

Senator Pia Cayetano, chairman of the committee on social justice, welfare and rural development, said the bill also mandates the Health Department to provide indigent senior citizens with free vaccination against influenza and death benefit assistance of P2,000 through the Social Welfare Department.

Cayetano said the Senate considered two options in upgrading the benefits for senior citizens. The first was increasing the current discount for senior citizens from the present 20 to 30 percent for the payment of goods and services. The second was exemption from the VAT. In the end, the latter was chosen, she said.

A similar measure has been passed by the House of Representatives. A bicameral conference committee will convene upon the resumption of the regular session next month to craft a common version of the measure. –Fel V. Maragay, Manila Standard Today

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
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Accept the National Unity Government (NUG) 
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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

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