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.
April –
MONTH OF PLANET EARTH!
“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”
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
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
April – Month of Planet Earth
Weekly Observances:
April 24-30 — World Immunization Week
Daily Observances:
Apr 5 — International Day of Conscience
Apr 7 — World Health Day
Apr 15 — International Day of Wellness
Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
