MANILA, Philippines — The newly implemented Capital Markets Efficiency Promotion Act (CMEPA) will allow Filipinos to build up more funds under the Personal Equity and Retirement Account (Pera)
– The newly implemented Capital Markets Efficiency Promotion Act (CMEPA) will allow Filipinos to build up more funds under the Personal Equity and Retirement Account (Pera) with the grant of a 50-percent additional tax deduction to private employers that contribute an amount equal to or greater than their employees’ contributions.
