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BIR expands list of VAT-exempt medicines
The Bureau of Internal Revenue has issued an updated list of value-added tax or VAT-exempt medicines for diseases such as cancer, hypertension and diabetes......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023
Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023.....»»
Viral Tarsier Video: DENR to file criminal charges vs 2 vloggers
MANILA, Philippines — The Department of Environment and Natural Resources (DENR) said preparations are underway for the filing of charges against two vloggers for the “improper treatment” of Philippine Tarsiers in Polomolok, South Cotabato. “Ongoing po ang preparation ng documents for the filing of criminal charges. Kung kakayanin ay mafa-file siya within today,” DENR Region.....»»
SEC raises penalties for late, non-filing of reports
SEC raises penalties for late, non-filing of reports.....»»
SEC raises penalties for late, non-filing of reports
SEC raises penalties for late, non-filing of reports.....»»
Marcos to back filing of case if there’s proof of cyanide use in WPS
The filing of a case in connection with the alleged use of cyanide in Bajo de Masinloc (Scarborough Shoal) allegedly by foreign fishermen, “if there is enough ground to do so,” would be supported by President Ferdinand Marcos Jr. President Marcos said this on Tuesday. But an earlier claim by the Bureau of Fisheries and.....»»
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......»»
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......»»
SALN filing deadline set on April 30
Government officials and employees must file their 2023 Statement of Assets, Liabilities and Net Worth on or before April 30, according to the Civil Service Commission......»»
AT& T informs users of data breach and resets millions of passcodes
AT&T, one of the largest telecommunications companies in the United States, is facing a major data breach that has left millions of customers at risk......»»
Stephen Holt resets PBA career-high as Terrafirma opens PH Cup with rout of Converge
‘At the end of the day, I’ve been a pro for 10 years, playing in high-level leagues. The work is always going to show,’ says top rookie Stephen Holt as he explodes for 27 points.....»»
New feat as EJ Obiena resets Asian indoor record in Germany tilt
EJ Obiena rules the ISTAF Indoor Berlin for the second time in four years as the Filipino pole vault star eclipses the previous Asian indoor record that stood for over two decades.....»»
No TRO as PUJ consolidation deadline lapses
There was no temporary restraining order from the Supreme Court as the April 30 deadline lapsed for consolidation under the public utility vehicle modernization program......»»
Unconsolidated jeepneys given 15-day leeway after consolidation deadline
Unconsolidated jeepneys that continue to ply their routes after the April 30 deadline will be free from penalties until mid-May — but they will be fined and impounded as "colorum" vehicles should they continue after initial reminders......»»
PISTON knocks on SC: Halt PUV consolidation deadline
In a last effort to attempt save their livelihoods, jeepney drivers led by transport group PISTON asked the Supreme Court to postpone the implementation of the public utility vehicle consolidation a day before its deadline. .....»»
PISTON urges SC: Issue TRO vs PUVMP before April 30 consolidation deadline
A progressive transport group called on the Supreme Court to immediately issue a temporary restraining order (TRO) against a controversial policy a week before the April 30 franchise consolidation deadline set for jeepneys and UV Express units......»»
PISTON, Manibela announce April 15 strike vs PUVMP consolidation deadline
Two progressive groups announced a "tigil-pasada" starting this Monday to protest the April 30 franchise consolidation deadline under the public utility vehicle (PUV) modernization program — a requisite before the jeepney's eventual phase out......»»
No more extension for PUV consolidation deadline — Marcos
President Ferdinand Marcos Jr. said that the government will not grant another deadline extension for franchise consolidation under the public utility vehicle modernization program......»»
CPP dismisses military’s deadline for annihilation of NPA
The Central Committee of the CPP, in a statement on the 55th founding anniversary of the NPA, said that the Party’s third rectification movement is frustrating government plans to annihilate the NPA, adding that all 14 NPA regional commands remain intact. The post CPP dismisses military’s deadline for annihilation of NPA appeared first on Bulatlat......»»