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GMA Network
a day ago
- Business
- GMA Network
Makati City grants tax relief following July floods
Pedicab drivers ply their trade on the flooded corner of Chino Roces and Arnaiz Avenues in Makati City on July 22, 2025. Screenshot from Nimfa Ravelo video The local government of Makati City has passed an ordinance that will provide tax reliefs to residents and businesses affected by the severe flooding that hit the city last month, due to the continuous rains brought about by the Southwest Monsoon and consecutive tropical storms. Under City Ordinance No. 2025-A-001, all penalties, surcharges, and interests arising from the late payment of business taxes that fell on July 21, 2025 are waived, provided that the full amount of the principal tax is paid within five working days from effectivity of the ordinance. The ordinance was approved by Makati City Mayor Nancy Binay on August 11, 2025, and was released to the public on Tuesday, August 19, 2025. The waiver applies to all taxpayers—individuals or juridical entities—who failed to pay business taxes on July 21, 2025, due to the disturbances experienced in the city in the past month. For those who have already paid penalties, surcharges, or interests on taxes that were due July 21, 2025, the Makati City government said they may apply the amount paid as a credit against their future local tax liabilities, subject to verification by the Office of the City Treasurer. Late payments or those made five working days after the effectivity of the ordinance will be subject to the applicable penalties, surcharges, and interests computed from July 21, 2025. The ordinance also extended the 5% discount for early payment of real property taxes for the third quarter of 2025 until five days after its effectivity. This was originally available only until July 21, 2025. Those who were unable to avail of the discount but have already paid their third-quarter real property taxes can also apply the equivalent amount as credit. All benefits automatically apply to qualified taxpayers, with no formal application required. 'We recognize the tremendous hardships our constituents have endured. This comprehensive measure demonstrates our resolve to deliver swift, tangible relief that will help our community rebuild and recover,' Binay said in a separate statement. The southwest monsoon or Habagat, and tropical cyclones that hit the country late July—Crising (international name: Wipha), Dante (international name: Francisco), and Emong (international name: Co-may)—have logged infrastructure damage of at least P7.355 billion, and a death toll of 34. A number of roads in Makati, one of the biggest business districts in the Philippines, were flooded due to the rains. — BM, GMA Integrated News
GMA Network
18-06-2025
- Politics
- GMA Network
26 Pinoys may be repatriated from Israel this weekend — DFA
Firefighters and rescue personnel work at an impact site following missile attack from Iran on Israel, in Haifa, Israel, June 15, 2025. REUTERS/ Rami Shlush The Department of Foreign Affairs (DFA) on Wednesday said 26 Filipinos may be repatriated from Israel this weekend amid its ongoing conflict with Iran. In Nimfa Ravelo's Super Radyo dzBB report, Foreign Affairs Undersecretary Eduardo de Vega said the Filipinos could exit Israel via border crossing into Jordan since flight operations are currently suspended. 26 na Pilipino na nagpapalikas mula sa Israel, maaaring makauwi ng Pilipinas ngayong weekend — @DFAPHL | via @nimfaravelo — DZBB Super Radyo (@dzbb) June 18, 2025 They are among the 150 Filipinos who have expressed willingness to leave Israel. Meanwhile, the DFA is arranging the repatriation of 17 Filipinos who want to leave Iran. The Philippine Embassy in Tehran is also working on sending its non-essential diplomatic staff back to the country. According to the DFA, repatriation is difficult since the airports are closed and exit options via land borders to neighboring countries from the Islamic Republic will be longer due to the worsening situation in the region. De Vega said the identities of the 17 Filipino government officials are confidential. An earlier report noted that congressmen, mayors, vice mayors, and members of the Department of the Interior and Local Government and the Department of Agriculture were among the officials. The public officials are in Israel for a study visit at the invitation of the Israeli government. The House of Representatives said no incumbent lawmaker is stranded in Israel. It is still unclear if the said Filipino officials are among those who will be repatriated this weekend. —RF, GMA Integrated News
