The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

The Philippines’ western island province of Palawan tops tourists’ bucket lists for its picturesque main destination, El Nido ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

MANILA – The Supreme Court on Friday said taxpayers cleared of criminal tax charges are not exempt from paying their obligations. This was stressed in a decision by the tribunal’s Second Division that ...

Newly confirmed U.S. Secretary of State Marco Rubio speaks to reporters at the State Department in Washington ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump speaks in the Roosevelt Room of the White House, Tuesday, Jan. 21, 2025, in ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. TikTok parent ByteDance is asking Chinese staff at its Singapore headquarters to pay tax to their home ...

Donald Trump has threatened to double taxes on foreign nationals and companies in a row over “discriminatory” levies on US businesses. The president has instructed the secretary of the ...

MANILA, Philippines — The government is set to meet ... Other government offices were able to collect P 32,388,000,000 while other non-tax revenues amounted to P 625,959,000,000.

such as proceeds from the conversion of former American military bases and franchise taxes paid by the Manila Jockey Club Inc. and the Philippine Racing Club. The high tribunal resolved the ...

MANILA, (PIA) — To support small business owners and boost the local economy, Mayor Jeannie Sandoval announced a 100% tax exemption for sari-sari stores and carinderias (small eateries) for the year ...