by Delon Porcalla – The Philippine Star, 22 Sep 2021
MANILA, Philippines — A committee of the House of Representatives approved yesterday a measure that will exempt working senior citizens from income tax payments being deducted by the Bureau of Internal Revenue from their monthly salaries.
The House committee on senior citizens, led by Rep. Rodolfo Ordanes of the party-list group Senior Citizens, approved House Bill (HB) 8832, the “Income Tax Exemption for Senior Citizens Act,” which would amend the National Internal Revenue Code of 1997.
The bill provides that individuals who are still employed at the age of 60 and above shall be exempt from paying income tax.
Ordanes, who authored the bill, said that based on data submitted by the Bangko Sentral ng Pilipinas, Filipino retirees have only about 3.6 months’ worth of income for their retirement.
HB 8832 also provides that holiday pay, overtime pay, night shift differential and hazard pay received by the elderly who are still working in companies should likewise be exempt from income tax.
Sept 5 – Oct 5
National Teachers Month
“Pay teachers decent wages,
Pay attention to teachers!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September
Monthly Observances:
Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 5)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: Family Week
Daily Observances:
Third Saturday: International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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