Wednesday, January 27, 2021

DOF Exec Hopeful E-Cigarette Tax To Pass Bicam

DOF Exec Hopeful E-Cigarette Tax To Pass Bicam


Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

A ranking Department of Finance (DOF) official is optimistic that lawmakers will adopt the proposal to have a PHP45 excise tax on electronic cigarette (e-cigarette) to fund the universal health care (UHC) program.

This after Albay Rep. Joey Salceda, who chairs the Ways and Means Committee, expressed willingness to support the proposal due to rising health-related cases reportedly caused by e-cigarettes.

Asked for his outlook whether their proposed excise tax rate on vapor products will not be reduced after it received favorable assessment from Salceda, Finance Undersecretary Karl Chua said: ‘I hope so.’

Chua added the proposed excise tax on cigarette is expected to bring in additional PHP2 billion to PHP2.5 billion to government coffers on the measure’s first year of implementation.

Last week, Salceda said he sees the need to impose excise tax on e-cigarette due to mounting evidence of health risks.

“There’s an increasing evidence that justifies the use of taxation to pursue precautionary principle for national health welfare,” he said.

Members of the House of Representatives already approved House Bill (HB) 1206) imposing PHP40 to PHP60 worth of duties on e-cigarettes, while senators okayed a bill setting PHP10 excise tax on e-cigarette per 10 milliliters (mL) of vaping liquid. (PNA)

Latest News

Dagupan Enforces Status Quo On Age-Based Stay-At-Home Restriction

Did Dagupan Mayor reject the IATF's recommendation?

Teachers To Help On Vax Program Info-Drive: Briones

DepEd + DOH join forces to slay the Covid-19 enemy.

La Trinidad Implements Curfew, Stricter Measures

La Trinidad, Benguet has enforced a curfew and stricter measures to control the spread of the COVID-19, including the B117 SARS-CoV-2 variant.

Legazpi City Prepares Storage Facility For Covid-19 Vaccines

Legazpi city government partnered with the Glacier Liberty Refrigeration Services Corp. to secure cold storage facility to store the Covid-19 vaccines once they arrive.

DAR Antique Wants To Finish CARP Land Distribution This Year

The Department of Agrarian Reform (DAR) in Antique targets to distribute the remaining 40 hectares of land before the year ends.

Award-Winning Film “Quezon’s Game” To Stream Worldwide On iWantTFC This January 27

Atin 'to! The historical movie "Quezon's Game" finally comes home to the Philippines and streams globally on iWantTFC beginning January 27.

Workers Urges PRRD To Order Price Freeze, Go After Profitters Amid Runaway Price

“Dear President Duterte:" The worker group writes a letter to President Duterte ordering a price freeze on basic commodities.

13 Ilocos Region Bus Routes Resume Operations

The Land Transportation Franchising and Regulatory Board (LTFRB) now resumes point-to-point public transport in 13 modified routes.

Jamie Lends Her Voice For Inspirational Song “We Give Our Yes”

Diva Jamie Rivera's "We Give Our Yes" is the official song of the 500th anniversary of Christianity in the Philippines celebration.