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SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

‘Prevent acts of Genocide in Gaza,’ int’l court tells Israel

“This is a landmark ruling, though short of an actual ceasefire order, that places the burden on Israel and the entire world, to ensure that genocide is not committed." The post ‘Prevent acts of Genocide in Gaza,’ int’l court tells Israel appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 27th, 2024

4th mode of Cha-cha

In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

Retired SC Justice Carpio on ChaCha: “it’s a fraud … we have to oppose this”

DAVAO CITY (MindaNews / 26 February) – The aim of those who want to change the 1987 Constitution is political rather than economic and this “fraud” must be exposed in various fora and in campuses, retired Supreme Court Senior Associate Justice Antonio Carpio said on Sunday. “It’s a fraud. That’s why we have to oppose […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

MILF lauds Senate for adopting House rebel amnesty resolutions

COTABATO CITY (MindaNews / 7 March) – The Moro Islamic Liberation Front (MILF) lauded the Senate for adopting three resolutions of the House of Representatives that concur with President Ferdinand Marcos Jr.’s grant of amnesty to former rebels. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, said the granting of […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Karapatan on the Marcos Jr. admin’s amnesty program

Human rights alliance Karapatan takes exception to the Marcos Jr. government’s recently announced amnesty program for its failure to recognize and address the social, political and economic roots of the armed conflict in the Philippines......»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Government eyes expanded amnesty for Reds

President Marcos wants to expand the amnesty program for communist rebels to include about 1,500 insurgents who have yet to surrender to the government, officials said.....»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Duterte revocation of Trillanes amnesty unconstitutional – SC

The Supreme Court has voided an order issued by former president Rodrigo Duterte revoking the amnesty granted to former senator Antonio Trillanes IV......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

SC strikes down Duterte s proclamation revoking Trillanes’ amnesty

The Supreme Court ruled in favor of former Sen. Antonio Trillanes IV, affirming the validity of his amnesty and deeming the proclamation revoking it unconstitutional......»»

Category: newsSource:  thedailyguardianRelated NewsApr 4th, 2024

SC strikes down Duterte s proclamation revoking Trillanes’ amnesty

The Supreme Court ruled in favor of former Sen. Antonio Trillanes IV, affirming the validity of his amnesty and deeming the proclamation revoking it unconstitutional......»»

Category: newsSource:  thedailyguardianRelated NewsApr 4th, 2024

Año urges rebels to surrender, avail themselves of amnesty program

Año urges rebels to surrender, avail themselves of amnesty program.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Lawyers file petition pushing Congress to enact law vs political dynasties

A group of lawyers on Tuesday filed a petition asking the Supreme Court to compel Congress to enact a law prohibiting political dynasties in the country......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Peru: Congress Runs Roughshod Over Rule of Law

(Washington, DC) - The decision by Peru's Congress on March 7, 2024, to arbitrarily remove two members of the National Board of Justice severely undermines judicial independence, the rule of law, and the protection of human rights, Human Rights Watch said today. The Organization of American States (OAS) should convene a meeting of its Permanent Council to address ongoing attacks on judicial independence in Peru......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Marcos declares April 10 a regular holiday in view of Eid’l Fitr

MANILA, Philippines — The Palace declared Eid’l Fitr, or the Feast of Ramadhan, on Wednesday next week (April 10) a holiday. The Palace released to the media Proclamation No. 514 that contained the declaration. “Now, therefore, I, Ferdinand R. Marcos Jr., President of the Philippines, by virtue of the powers vested in me by law,.....»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises

New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case

New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024