Abutin Yan Ng It Will Reach Php4 4 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - More indigent persons and their families will be aided by the Philippine Charity Sweepstake Office (PCSO) through the Universal Health Care (UHC) once the agency's documentary stamp tax (DST) rate is lowered to 10 percent. This was emphasized by PCSO chairman Junie E. Cua during a recent Senate hearing conducted by the Committee on Health and Demography led by Senator Joseph Victor Ejercito as he highlighted the agency's advocacy of boosting funds for the government's social programs, especially on health. Cua said lowering the DST rate to 10 percent from the current 20 percent, would hike PCSO's contributions by 170 percent, from a projected PHP1.25 billion to almost PHP3.4 billion, this year, an increase of a little more than PHP2 billion. "You will note that the ability of PCSO to contribute to the UHC program is the fact that we need to pay 20 percent of our receipts by way of Documentary Stamp Tax and this runs into tens of billions. Our advocacy righ ....

Juniee Cua , Joseph Victor Ejercito , Charity Fund , Philippine Health Insurance Corporation Philhealth , Philippine Charity Sweepstake Office , Health Care , Committee On Health , Universal Health Care , Senator Joseph Victor Ejercito , Documentary Stamp Tax , Philippine Health Insurance Corporation , Manila More Indigent Persons And Their Families Will Be Aided By The Philippine Charity Sweepstake Office Pcso Through Universal Health Care Uhc Once Agency 39s Documentary Stamp Tax Dst Rate Is Lowered To 10 Percent This Was Emphasized Chairman Juniee Cua Duringa Recent Senate Hearing Conducted Committee On Demography Led Senator Joseph Victor Ejercito As He Highlighted Advocacy Of Boosting Funds For Government Social Programs , Specially On Health Cua Said Lowering The Dst Rate To 10 Percent From Current 20 , Ould Hike Pcso 39s Contributions By 170 Percent , Roma Projected Php1 25 Billion To Almost Php3 4 , His Year , N Increase Ofa Little More Than Php2 Billion Quot You Will Note That The Ability Of Pcso To Contribute Uhc Program Is Fact We Need Pay 20 Percent Our Receipts By Way Documentary Stamp Tax And This Runs Into Tens Billions Advocacy Right Now , F We Can Be Allowed By Congress To Reduce Our Dst Obligation , Ataas Yung Aming It Will Increase Our Contribution Sa Uhc So Projection , Ung If 10 Percent Lang Ang Aming Our Documentary Stamp Tax , Ng Aming Contribution Ay Aabot Our Will Reach Php3 3 Billion At Kung And If 5 Percent , Abutin Yan Ng It Will Reach Php4 4 Billion , Uot Cua Told Senators When Asked How The Pcso Can Contribute Further To Uhc In Response , Jercito Vowed That The Senate Will Study Proposed Legislation Lowering Dst Rate , Specially Noting The Fact That More Than Quot Php 2 Billion Will Be Added To Uhc From Pcso Alone In Perspective , Hp2 Billion Can Fund 769 ,