Sunday, June 4, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

2018 budget & TRAIN bill up for signing today

Arlene LimbyArlene Lim
December 19, 2017, 1:31 pm
in National
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

President Rodrigo Duterte is set to sign into law this afternoon bills pertaining to the 2018 national budget and his administration's tax reform package.

The country's budget for next year is P 3.77 trillion, reflecting an increase of 12 percent compared to the current year.

As expected, the Department of Education (DepEd) gets the biggest allocation at P 553 billion.

The Department of Interior and Local Government (DILG) has a share of P 170 billion.

The Department of National Defense (DND) has been given P 149 billion.

The allocation for the Department of Social Welfare and Development (DSWD) is P 141 billion.

The second measure is called the Tax Reform for Acceleration and Inclusion (TRAIN).

It is meant for the administration's 'Build Build Build Program.'

The TRAIN bill also exempts from paying personal income tax those who have an annual income of P 250,000 or less.

The measure also reduces the income tax rates for those who are earning P 2 million and below in a year.

Once signed, this piece of legislation will become effective on day 1 of next year.

 

 

    

Tags: 2018billbudgetDuterteTRAIN
ADVERTISEMENT
Arlene Lim

Arlene Lim

Related Posts

Gov’t to bridge ‘digital divide’ with more connectivity projects

byManila Standard
June 4, 2023, 12:00 am
0
8

THE government intends to narrow down further the so-called digital divide in the country as it focuses on implementing connectivity...

Read more

Helping ordinary Filipinos is my legacy —PBBM

byManila Standard
June 3, 2023, 11:50 pm
0
8
Meteor shower sparkles skies for two weeks

President Ferdinand Marcos Jr. said he wants to be remembered as a leader who helped ordinary Filipinos. In his latest...

Read more

Gov’t: Don’t close Landbank accounts amid fears over MIF

byMaricel Cruz
June 3, 2023, 11:40 pm
0
8
Southwoods nails Seniors’ Fil golf crown

National Treasurer Rosalia de Leon appealed to the public not to close their Landbank accounts amid fears over the state-owned...

Read more

Hajj pilgrims to get special treatment at NAIA—BI

byVito Barcelo
June 3, 2023, 11:20 pm
0
8
Koreans top list of fugitive aliens captured by BI

THE Bureau of Immigration (BI) has assured the more than 7,000 Filipino Muslims who will attend the annual Hajj pilgrimage in Saudi...

Read more

PCG: All 10 sovereign markers remain in WPS

byManila Standard
June 3, 2023, 11:10 pm
0
8
China to PCG plane: Leave immediately

The Philippine Coast Guard on Saturday said all 10 navigational buoys installed in the West Philippine Sea are accounted for,...

Read more

SSS pensioners entitled to extra benefits under WISP

byRio N. Araja
June 3, 2023, 11:00 pm
0
8
SSS warns members against scammers, fixers

PRIVATE employees who are members of the Social Security System are entitled to another mandatory benefits upon retirement, apart from...

Read more

Print Edition

View More

Recent Posts

  • Australia to create marine park the size of Spain
  • Turkey’s Erdogan unveils new cabinet after inauguration
  • War hits sowing season in Sudan breadbasket, fuelling famine fears
  • Indian officials seek cause of train crash that killed at least 288
  • 180 dead from Sudan fighting buried unidentified as battles rage
  • Nepali guide rescues climber from Everest death zone
  • Three Chinese astronauts return safely to Earth
  • Air strike injures 20 in residential area of Ukraine city: official

Advertisement

Latest News

Nepali guide rescues climber from Everest death zone

byAFP
June 4, 2023, 1:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

A Nepali guide abandoned his client's Everest summit bid to rescue a Malaysian climber in a deadly mountaineering season that...

Read more

Three Chinese astronauts return safely to Earth

byAFP
June 4, 2023, 12:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Three Chinese astronauts working at the country's space station have returned safely to Earth, state media reported Sunday, hailing the...

Read more

Air strike injures 20 in residential area of Ukraine city: official

byAFP
June 4, 2023, 11:30 am
0
8
Sudan battles rage as more civilians risk dangerous escape

An air strike hit a residential district in the central Ukrainian city of Dnipro on Saturday night, injuring 20 people...

Read more

Pentagon says concerned over China’s ‘increasingly risky’ actions in Asia

byAFP
June 4, 2023, 11:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

The Pentagon voiced concern on Sunday over the Chinese military's "increasingly risky and coercive activities" in Asia. "We remain concerned...

Read more

Atayde calls for passage of adolescent pregnancy prevention bill

byThe Standard
June 4, 2023, 10:37 am
0
8
Atayde calls for passage of adolescent pregnancy prevention bill

IT IS time to fast track the passing of a measure that seeks to prevent the adolescent pregnancy in the...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App