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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......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Call to tax the very richest arises from their own ranks

The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 22nd, 2024

BIR ramps up tax compliance drive

The Bureau of Internal Revenue has initiated a nationwide tax compliance drive to boost awareness and encourage taxpayers to pay their obligations......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

Recto to prioritize pending tax reforms

Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

To raise gov’t revenues, Recto says solution need not involve new taxes

New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

La Viña on Duterte’s advice to Quiboloy: “a good lawyer will advise to cooperate”

DAVAO CITY (MindaNews / 29 February) – “A good lawyer will advise Quiboloy to cooperate. No ifs and buts, no way around this,” Law professor and former Law dean Antonio La Viña said in reaction to former President Rodrigo Duterte’s advice to his friend and spiritual adviser Pastor Apollo Quiboloy to “get yourself arrested” instead […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Screening of Martial Law docu set in Davao to mark Edsa Revolt anniversary

MALAYBALAY CITY (MindaNews / 24 February) – Various groups will hold a screening of the award-winning Martial Law documentary “11,103” to mark the 38th anniversary of the Edsa People Power Revolt that toppled the Marcos dictatorship. The screening will be on Feb. 28, from 6:30pm to 9:00pm, at the audio-visual room of Holy Cross of […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

Beat the Heat and Save Money: Smart Tips for a Hot Season

Summer is in and the heat of the sun is just blazing hot, accompanied by a looming El Niño — did I just say it’s hot, like very hot? Amidst this sweltering heat, our electricity and water bills will also increase and melt our budget like ice cubes on a hot summer day. While we […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Stronger vape regulation sought to protect consumers, boost revenues

Amid the rampant smuggling and illicit trade of e-cigarettes, a consumer group is pushing for stronger regulation of the vape industry to safeguard consumers from potential harm and maximize government revenue from legal sales......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2024

P4-M smuggled cigs seized, 2 arrested

THE Bureau of Customs-Davao Region (BOC-Davao) confiscated smuggled cigarettes worth P4 million in Barangay Lacson, Calinan District, Davao City on March 22, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

PDEA warns vs. proliferation of Marijuana-flavored vapes

MANILA, Philippines — The Philippine Drug Enforcement Agency (PDEA) has cautioned the public on the proliferation of electronic cigarettes or vape containing marijuana oil. It issued the warning after monitoring an upsurge in the product’s presence nationwide during its recent anti-illegal drugs operations. PDEA also said the item is illegal and it poses health risks......»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Navy seizes P24.3 million smuggled items off Sulu

Navy men have intercepted three motorboats found loaded with smuggled cigarettes, petroleum and chemicals worth P24.3 million in the waters off Sulu last week, officials reported yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Training program on construction law and contracts

The Center for Global Best Practices will host a two-session MCLE-accredited online training titled “Best Practices Guide to Construction Law and Crafting Contracts” on March 13 and 14 via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

China slams foreign criticism of Hong Kong’s upcoming Article 23 national security law

The law, known as Article 23, will target crimes including treason, theft of state secrets, espionage, sabotage, sedition, and 'external interference,' including from foreign governments.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

DOLE to issue revised IRR for Service Charge Law

The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Rama to meet with council, LFC over RPT revision

CEBU CITY, Philippines –City Mayor Michael Rama is planning to meet with legislators and the Local Finance Committee (LFC) to discuss the general revision of the real property tax (RPT) code after he returns from his business trip to Taiwan. “I wish they will find time that once I come back, we will have a.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

Full endgame trust in Perez, Lassiter as San Miguel knots PBA finals

CJ Perez and Marcio Lassiter save the day for San Miguel as the defending champions stun Meralco in the dying seconds to tie the PBA Philippine Cup finals at 1-1.....»»

Category: newsSource:  rapplerRelated NewsJun 7th, 2024

Trade in your old watch and save big on a new timepiece at The Watch Store

Watches are an essential part of any outfit, providing you with both style and functionality. But despite their timeless appeal, many people leave their old watches unused at home. If you have an old watch lying around or are considering an upgrade, The Watch Store has a special limited offer: bring in your old watch,.....»»

Category: newsSource:  inquirerRelated NewsJun 6th, 2024

2 Things You Shouldn’t Cheap Out On

Becoming budget-conscious is not a bad thing, especially nowadays where prices are constantly going up, but our income has remained the same. Looking to save up on goods is a good thing, but there is a limitation to it. Not all things are meant to be bought cheap, like purchasing an off-brand with durability and […].....»»

Category: newsSource:  metrocebuRelated NewsJun 5th, 2024

Pag-IBIG members save record P28 billion in 3 months

Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached a record P28.75 billion in the first quarter, allowing the agency to finance the higher demand for home loans......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024