Leyte 1st District Rep. Ferdinand Martin Romualdez is pushing House Bill No. 16, which seeks to allow senior citizens and persons with disabilities (PWD) to avail themselves of a 20-percent discount and VAT exemption on top of any promotional offers from businesses.
The bill aims to clarify that these discounts are additional and should not be combined or replaced by store promotions, preserving the benefits provided under existing laws.
Romualdez said the measure intends to resolve disputes between businesses and senior/PWD customers regarding discount applications.
To balance interests, the bill proposes that businesses can treat the input tax on VAT-exempt sales and special discounts as deductible expenses.
The legislation is co-authored by Tingog Party-list Representatives Andrew Julian Romualdez and Jude Acidre.
Source: PhilNews24 | July 5, 2025
ROMUALDEZ ADVOCATES EXTRA DISCOUNTS FOR SENIORS AND PWDS ALONGSIDE PROMO DEALS
Latest from Politics
The Commission on Elections (Comelec) has ordered former chairperson Sheriff Abas to explain allegations of vote-buying
The National Bureau of Investigation (NBI) and the Office of the Ombudsman are investigating a possible
Sen. Panfilo “Ping” Lacson said new witnesses have approached the Office of the Ombudsman to provide
Sen. Loren Legarda’s spokesman, lawyer Tony La Viña, said there is no criminal basis for the
Sen. Bong Go urged Philippine athletes competing in the 20th Asian Games and 5th Asian Para