Tags / Inflation Mitigation
Inflation Mitigation
Measures (2)
SBN-1552bill · in_committee
VAT REDUCTION ACT OF 2025
Senate Bill No. 1552 proposes to reduce the Value-Added Tax (VAT) from 12% to 10%, amending specific sections of the National Internal Revenue Code. This change aims to align the Philippines' VAT rate with those of neighboring countries and alleviate the financial burden on low- and middle-income households.
SBN-175bill · in_committee
P100 DAILY MINIMUM WAGE INCREASE ACT OF 2025
This bill proposes a ₱100 daily minimum wage increase for all private sector employees and workers, regardless of employment status, to address the rising cost of living and ensure a living wage.