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Army, partners collect 492 bags of blood in anniv drive
Army, partners collect 492 bags of blood in anniv drive.....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
BIR eyes P325 billion from excise taxes
The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Mga influencer, online seller yari sa BIR
Muling nagpaalala ang Bureau of Internal Revenue sa mga social media influencer at online seller na magbayad ng buwis upang hindi makasuhan ng gobyerno. The post Mga influencer, online seller yari sa BIR first appeared on Abante......»»
BIR-Davao urges taxpayers to file ITR before deadline
BUREAU of Internal Revenue-Davao Region (BIR-Davao) calls on taxpayers to file their income tax returns (ITR) and not wait for the deadline which would be this coming April 15, 2024......»»
Tax Notes: BIR issues clarification on the taxation of cross-border services
Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»
BIR attempts ‘friendly’ tack
February is not just the love month, it also marks the start of a yearlong campaign for the Bureau of Internal Revenue (BIR) to encourage the public to pay their tax obligations. After all, collecting P3.05 trillion is no easy task......»»
BIR to boost digital efforts to hit P3T target
BIR to boost digital efforts to hit P3T target.....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Woman who demanded money in return for release of BIR docs apprehended
Woman who demanded money in return for release of BIR docs apprehended.....»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
26 BIR officials suspended
Bureau of Internal Revenue commissioner Romeo Lumagui Jr. has ordered the suspension of 26 BIR employees charged with misconduct and various other offenses......»»
Proposed EU Forced Labor Regulation Should Focus on Workers
European Union governments meeting today in Brussels to discuss a proposed ban on products linked to forced labor, should allow forced labor victims in companies' supply chains to receive remediation. Companies and business associations have called for remediation to be included in the draft.....»»
No extension: Tax filings to lift BIR collections to P406 billion in April
The Bureau of Internal Revenue is expecting to collect more than P400 billion this month, largely driven by the annual income tax return filing which will not be extended beyond April 15......»»
Saudi Arabia: Migrant Workers Long Overdue Wages at Risk
(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»
Saudi Arabia: Migrant Workers Long Overdue Wages at Risk
(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»
Over $1 billion investment to Philippines from US, says Raimondo
MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»
PSE readies delisting of Abra Mining
he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»
Mining firm pinagmulta ng P560M
Higit P560 milyon ang multang kailangang bayaran ng isang mining firm dahil sa hindi awtorisadong pagtrade ng mga unissued at unlisted shares mula 2015 hanggang 2019. The post Mining firm pinagmulta ng P560M first appeared on Abante......»»