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DTI wants P125 a week discount for senior citizens

By: Catherine Cueto

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THE Department of Trade and Industry said they are targeting to give more discounts for senior citizens.

 

House Speaker Martin Romualdez earlier announced that senior citizens can get a better and higher discount on basic and prime commodities.

 

According to Romualdez P65 per week limit, senior citizens will be entitled to a P125 discount on basic goods including agricultural products and cooking gas.

 

He said that under the law, senior citizens are entitled to a 5 percent discount with regards to basic goods in supermarkets but it is capped to P65 per week.

 

According to DTI Asec Amanda Nograles, there will be a public consultation to which will be done by mid-March.

 

There will be proposals that will be discussed such as doing away with the booklet and replacing it with a QR code.

 

Also, the scope of products included in the discount list.

 

Nograles also said that the DTI will also invite the Bureau of Internal Revenue to discuss the issue of a tax deduction for supermarket owners if the discount will be shouldered by businesses.