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.
World Day for Safety and Health at Work
“Safety and health at work every day!”
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 #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
