by Michael B. Jaucian, Philippine Daily Inquirer, Nov 29, 2018
LEGAZPI CITY— The House of Representatives’s ways and means comittee has approved House Bill 4575 which seeks to increase the tax imposed on cigarettes, Albay 2nd District Representative Joey Salceda said Thursday.
Salceda, the author of the bill, said that if the bill becomes law, the tax on cigarettes will be raised to P35 per pack starting this year.
This is expected to be raised further to P37.50 per pack in 2019 and is expected to contribute an additional P8 billion revenue to the government.
Salceda said that by 2020, the tax on cigarettes will have been raised to P40 per pack, which will result in a P16-billion revenue for the government.
By 2021, the tax for every pack of cigarettes will be P41.50. The government is expecting to bring in P23 billion in revenues by then.
By 2022, the tax will be increased to P45 per pack, and this is expected to contribute P32 billion in government revenues. /ee
August 12 –
International Youth Day
“Empowering youth,
building generations!”
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
August –
Aug 1-7 World breastfeeding week
Aug 9 – International Day of the World’s Indigenous Peoples
Aug 12 – International youth day
Aug 19 – World humanitarian day
Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition
Monthly Observances:
Farms Safety Month
Breastfeeding Awareness Month
Weekly Observances:
Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week
Daily Observances:
Aug 1: Family Planning Day
Aug 9: National Indigenous Peoples Day
Aug 12: International Humanitarian Law Day
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