Finance Secretary Benjamin Diokno said Wednesday the lower personal income tax starting January 2023 will enable taxpayers to give their share to national development.
Majority...
In Package 1 of now President Duterte’s Comprehensive Tax Reform Program, there are five major additional taxes or tax increases—the personal income tax (PIT),...
Aside from reducing personal income tax, the government must also provide small businesses with lower income tax rate and a simplified tax process to...