The Effects of Train Law on selected population of Cuenca, Batangas

Abstract

Tax Reform and Inclusion Act as the initial package for the Comprehensive Tax Reform Program signed by President Rodrigo said to help the country by exempting the people who are earning Php 250,000.00 annually below and increasing the consumption tax intended to counter balance the Personal Income Tax (PIT) and Corporate Income Tax (CIT) exemption. This study aimed to understand the effects of Tax Reform and Inclusion Law on the selected population of Cuenca, Batangas. A descriptive, cross sectional study was employed in the study. A questionnaire/ survey was developed and interview was conducted. Random sampling was done on four barangays namely Pinagkaisahan, Labac, Barangay Six (6), Barangay Eight (8) Cuenca, Batangas. Socio demographic profile and the effects of TRAIN Law of the respondents were known and computed using frequency and percentage, estimate of proportion , standard error, confidence interval Lower limits and upper limits, Fisher's exact p value, , Kendall's correlation coefficient on various variables.