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BIR to levy withholding tax on digital payment channel transactions

Aside from sales through online platforms, the Bureau of Internal Revenue (BIR) is also eyeing to collect a creditable withholding tax of 1% on digital payment channel transactions.

Meralco hikes power rates anew for November

Inflation slows down to 4 9% in October — PSA

After two straight months of acceleration, inflation or the rate of increase in the prices of goods and services slowed down in October on the back of slower increases in food prices, the Philippine Statistics Authority (PSA) reported on Tuesday.

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