Suspending TRAIN will derail infra, social protection programs—DOF

Finance Secretary Carlos Dominguez III has cautioned against calls to suspend the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law as such a move would derail the…

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DOF asserts legality of TRAIN Package 2

Finance Assistant Secretary Paola Alvarez has asserted the legality of Package 2 of the Tax Reform for Acceleration and Inclusion Act (TRAIN), claiming that there are no vested rights in…

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Dominguez cites adept fiscal management, TRAIN as DOF achievements

Secretary Carlos Dominguez III has cited the implementation of the first package of the Comprehensive Tax Reform Program (CTRP), which led to a dramatic increase in revenue collections, plus the…

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Taxpayers have P10-B cash bonanza per month under TRAIN

Filipino consumers now have a combined P10 billion cash bonanza to spend more each month following the implementation starting last January of the Tax Reform for Acceleration and Inclusion Act…

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7.4 million households to receive unconditional cash transfers in 1st quarter

Unconditional cash transfers (UCTs) amounting to P2,400 for 2018 will be distributed within the first quarter to some 7.4 million households, comprising the 4.4 million existing beneficiaries under the Pantawid…

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TRAIN to eventually rescue 21-M Filipinos from poverty

The Tax Reform for Acceleration and Inclusion Act (TRAIN) will set the staging ground to rescue 21 million Filipinos from poverty in the long run because additional revenues from this…

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TRAIN removes oppressive rates for delinquent tax payments

The Tax Reform for Acceleration and Inclusion (TRAIN) has done away with punitive and confiscatory interest rates that encourage delinquency rather than compliance in paying the correct amount of taxes,…

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Employees see cash bonanza with higher take-home pay under TRAIN

With the implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN) starting this January, non-minimum wage earners such as teachers, mall executives and car salespersons now enjoy an…

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