The Capital Markets Efficiency Promotion Act imposes a 20% tax on the interest income on long-term investments, but interest incomes of short-term bank deposits have been taxed at this rate since 1998 ...

THE Philippines is looking to access up to $10 million grant to bolster the country’s climate finance readiness  A statement issued by the Department of Finance (DOF) last Wednesday read the agency ...

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...

Kollam: Veteran Congress leader and former Electricity minister C V Padmarajan passed away at the age of 93. He died while ...

A new report from UC Merced shows Latino and white people especially lost work after the Trump administration escalated ...

Big drops: The employment drop surpasses losses seen during the Great Recession, and is second only to early COVID-19 job ...

A Hispanic American Chicago family who said their 5- and 9-year-old children were traumatized by guns pointed at them during a bungled 2017 no-knock ...

THE Philippine Health Insurance Corp. (PhilHealth) has been allocated a P53.26-billion subsidy in the proposed P6.793-trillion national budget for 2026, the Department of Finance (DoF) said on ...

In a statement, DABS spokeswoman Michelle Schmitt said the department is “meeting with local economic development and other ...

Edmonds, Washington is facing a deep financial crisis. With the city facing millions in debt, it’s looking to raise capital ...

The government has issued a final warning to taxpayers who filed incorrect ITRs over the last four years. If you claimed fake ...