The government has expanded its value-added tax (VAT) exemption to more than 2,263 medicines, with cancer drugs making up the largest share at 702 items, followed by treatments for hypertension and diabetes.
The Bureau of Internal Revenue said the updated list, endorsed by the Department of Health’s Food and Drug Administration, aligns with the TRAIN Law and CREATE Act and replaces previous issuances.
The exemption also covers medicines for mental illness, kidney disease, high cholesterol, and tuberculosis, broadening access to essential treatments.
Health officials said medicine prices are expected to remain stable until June, as pharmaceutical firms are committed to holding prices despite global fuel-related cost pressures.
The Department of Health continues to monitor drug prices and encourages the public to use its price tracking system to find affordable medicines.
Source: PhilNews24 | April 11, 2026
GOVERNMENT EXEMPTS 2,263 MEDICINES FROM VAT
Latest from Politics
Senate President Sherwin Gatchalian defended Sen. Risa Hontiveros’ line of questioning in the impeachment trial of
Sen. Robin Padilla visited Sen. Rodante Marcoleta at the Philippine National Police General Hospital on Thursday
The camp of Sen. Jinggoy Estrada withdrew its motion seeking permission for him to attend the
Sen. Loren Legarda has filed Proposed Senate Resolution No. 504 to honor Filipina tennis star Alexandra
Bangsamoro interim Chief Minister Abdulraof Macacua directed governors and mayors across the region to lead the