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‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Going abroad soon? Travel perks, vouchers await travelers

Telecommunications company Globe is offering travel perks for subscribers who purchase any of promos under its data roaming packs......»»

Category: newsSource:  philstarRelated NewsApr 18th, 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

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Continue serving with care, compassion, PBBM tells DSWD

President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Enrile: Serving 2 Marcoses were my happiest moments

For centenarian Juan Ponce Enrile, serving two Marcoses as president were the happiest moments of his life......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Rep. Richard Gomez: Threats won’t stop me from serving people

ORMOC CITY, Leyte — Leyte 4th District Rep. Richard Gomez assures his constituents that the alleged threats on his life will not stop him from serving and doing his public duties. Gomez was referring to the information reliable sources about the alleged plan to assassinate the Leyte 4th District representative, 4 Leyte mayors, and barangay.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

ADB: Carbon tax has potential in Philippines

The possibility of a carbon tax has potential in the Philippines, but such a measure must be market-driven and appropriate for the needs of a country still heavily reliant on fossil fuels......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

PEZA, SMBC, RCBC partner to attract Japanese investments

The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

PEZA crafting guidelines for pharma ecozones

The Philippine Economic Zone Authority is finalizing a set of guidelines covering the registration of pharmaceutical economic zones in the country......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

PEZA OKs P2.21 billion investments

The Philippine Economic Zone Authority has approved P2.21 billion worth of investments during its first board meeting last week......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 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

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

It’s complicated

Times are hard and it is obvious that workers need to earn more to survive. A Filipino family of five needs at least P13,797 a month or P460 a day to meet their basic needs, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Perks of Celebrating Valentine’s Day with Family

Valentine’s Day traditionally celebrates romantic love between two lovers, which is a profound aspect of human connection. However, another aspect of human relations that can be just as profound, if not more, often gets overlooked during this holiday: Familial love. In preparation for the upcoming season of love, let’s explore the importance of spending time.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

They treated me like an animal- how Filipino domestic workers become trapped podcast

Migrants from the Philippines make up a huge percentage of domestic workers around the world. But when their employers are abusive, visa restrictions force them to choose between enduring more suffering or becoming illegal. By Margaret Simons Continue reading........»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024