Senator cites loss of P100B in last 2 years The exemption of senior citizens from the 12-percent value-added tax (VAT) was “idiotic,” Sen. Sergio Osmeña 3rd said on Thursday. According to Osmeña, the government lost about P100 billion in the last two years “from all those idiotic tax exemptions that Congress has passed.”
So-called promo meals some restaurants offer have prompted the Department of Social Welfare and Development to fine-tune its enforcement of the 20-percent discount for senior citizens.
MANILA, Philippines – Senior citizens found to be abusing the privileges granted to them under the Expanded Senior Citizens Law could be imprisoned for a minimum of six months and fined up to P100,000.
MANILA, Philippines – Sen. Loren Legarda urged the Department of Health (DOH) yesterday to ensure that government hospitals nationwide provide a senior citizens’ ward in accordance with Republic Act 9994, the Expanded Senior Citizens’ Act of 2009.
In common with other G-8 countries the UK is feeling the effects of bailing out the international banking industry. The bailout has been too expensive, long live capitalism. One of the measures recently announced in order to save government money is to raise the retirement age, currently 65 for men and 60 for women. A…
The government is expected to approve tomorrow the Implementing Rules and Regulations (IRR) of the Expanded Senior Citizens Act of 2010 that would allow the country’s senior citizens to enjoy starting July the full 20-percent discount tax-free on goods and services that they would like to avail for themselves, including medicines.
They have been on the job since Nixon administration, stocking vending machines, making chocolates, and polishing bowling balls. They could have retired years, even decades ago.
MANILA, Philippines – Small and medium scale drugstores are opposing the exemption of the elderly from paying the 12 percent value added tax (VAT) on goods and services, including medicines, under the Expanded Senior Citizens Act of 2010.
AN ESTIMATED 4.6 million senior citizens are expected to enjoy a full 20% discount tax-free for goods and services, particularly medicines as the Implementing Rules and Regulations (IRR) of the Expanded Senior Citizens Act of 2010 or Republic Act 9994 will be out this month.
While there is no denying the fact that the quality of today’s local lifestyle and fashion magazines has improved a hundredfold both in visual appeal and content since the days of newsprint and smudgy ink, personally I have yet to find a magazine that speaks to me and talks about women my age. Sure, I…
Dear PAO, My father is turning sixty years old next month. Presently, he is very weak due to his illness. He informed us that he wants to avail of the health benefits given to senior citizens once he reaches sixty years old but we do not know what the benefits are. We are hoping you…
Older workers who can’t retire comfortably are likely to be needed in the workplace as the economy grows, easing threats of an entitlement load.
At the World Economic Forum’s summer meeting in Dalian, China, four experts discussed the challenges and opportunities that aging populations present to business.
Acting Social Welfare and Development Secretary Celia Capadocia-Yangco told The Times Sunday that older persons now staying in the Golden Acres compound in Bago Bantay, Quezon City, will soon move to their new “Haven for the Elderly” in Tanay, Rizal.
MANILA, Philippines – Senior citizens cannot yet avail of higher tax exemptions allowed under the Expanded Senior Citizens Act of 2010 until the government has issued the law’s implementing rules and regulations, Bureau of Internal Revenue (BIR) Commissioner Joel Tan-Torres yesterday said.
THE Philippine Retirement Authority (PRA) and the National Economic Development Authority (NEDA) revealed that thousands of foreign retirees are looking to spend the rest of lives in the Philippines by 2015 because of the low cost but high-standard of living here.
SINGAPORE (AFP) – Longer lifespans, falling fertility rates and growing ranks of elderly people in Asia can pose problems as serious as the impact of climate change, a leading expert warned on Monday.
Dear PAO, This is in connection with the suspension of pension payments once a person reenters employment, does this also apply if the pensioner gets a part time employment or does it only apply to full time employment? PQ
The bill that launched a hundred protest rallies by thousands of Filipino elderly as President Arroyo took her sweet time enacting it was finally signed into law yesterday by her.
Malacañang yesterday appealed to the country’s elderly to be patient and wait for the Expanded Senior Citizens bill to reach the desk of President Arroyo. Executive Secretary Eduardo Ermita said Malacañang has not yet received the bill. How can you act on something that’s not even in our possession yet, Ermita said.
MANILA, Philippines – President Arroyo has signed into law Republic Act 9994 or the Expanded Senior Citizens Act, ending weeks of speculation on whether or not she would act on this measure. Deputy presidential spokesman Gary Olivar, quoting Executive Secretary Eduardo Ermita, said that the President received the enrolled copy of the bill last Monday…
PRESIDENT Gloria Arroyo’s support for a sales-tax exemption for the elderly may reverse the fiscal improvements she made in office, Finance Undersecretary Gil Beltran said Friday.
Senior citizen or not we are all victims of LIED. In the war against terrorists, most soldiers will tell you that the thing they fear the most is an IED or an Improvised Explosive Device. There is no sure way to detect it and the only certain thing about an IED is that its kill…
After a long delay, the two houses of Congress have finally approved a consolidated version of the Expanded Senior Citizens Act that would exempt elderly Filipinos from the 12-percent expanded-value added tax (EVAT) allowing them to enjoy the full 20-percent discount on goods and services.
MANILA, Philippines – Highly skilled Filipino workers fit for overseas employment are getting fewer – and older.
Don’t worry – those of us who are adults now probably won’t live to be a hundred eyars old. But babies being born today, may very well reach 100, according to a report first published in the medical magazine, Lancet and subsequently picked up by the general media.
How to avoid age discrimination There was an overwhelming response to my earlier article on age discrimiantion against those 40 years old and above. Even now I am receiving questions regarding the topic and so it seems time for an update on the matter.
LEFT-HANDED CUT: The country’s estimated 4.6 million senior citizens can only rejoice with the plan of President Gloria Arroyo to sign into law a bill passed by Congress exempting them from the 12-percent Value-Added Tax on goods and services.
yesterday that even old people or senior citizens up to 80 years old have abused children left under their care.
The Arroyo government has a penchant of employing senior citizens, or persons way past retirement age, in vital and sensitive offices. One good example is the octogenarian Charito Planas, the head of the moribund Nayong Pilipino and more recently replacement for resigned Presidential Spokesman Lorelei Fajardo, who can hardly walk and has to be aided…
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.
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