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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......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

SC junks petition challenging legality of POGOs

The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»

Category: newsSource:  philstarRelated NewsMar 6th, 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

Philippine laws give couples hard time to leave unhappy marriages — Leonen

The high court magistrate said that the Supreme Court issued several decisions recognizing the fact that the living realities of couples and their children are far from ideal......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

SC sacks 3 CA employees for shabu

The Supreme Court has ordered the dismissal from the service of three Court of Appeals employees who tested positive for shabu in 2022......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

LPG price up; mixed adjustments for gasoline, diesel

Solane and Petron have increased their liquefied petroleum gas (LPG) prices by P0.27 per kilogram and P0.30 per kg VAT-inclusive, respectively. .....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

LPG price: P3.30 more for every 11-kg tank

MANILA, Philippines — The price of cooking gas has gone up again and this is the third month in a row that this happened. An increase of P0.30 per kilogram in liquefied petroleum gas (LPG) prices effective Friday, March 1 was announced by Petron Corp. in an advisory. READ: Gasoline prices to be slashed by.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

House panel OKs tax breaks for companies hiring senior citizens

Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 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

23 Makati barangays to receive P10M from real property tax collection

The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Makati barangays to get P10 million more from tax shares

All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

SC: Lorraine Badoy guilty of indirect contempt for red tagging judge

MANILA, Philippines — Loraine Badoy-Partosa, former spokesperson of the government’s anti-insurgency task force, has been found guilty by the Supreme Court (SC) of indirect contempt for red-tagging a Manila Regional Trial Court (RTC) judge. Badoy was ordered to pay a fine of P30,000 and warned against repeating the same or similar acts in the future,.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Red-tagger Badoy guilty of indirect contempt over red tagging of Manila judge

The Supreme Court found NTF-ELCAC spokesperson Lorraine Badoy guilty of indirect contempt over her multiple pronouncements against a Manila Regional Trial Court judge over a decision which denied the proscription petition of the Department of Justice against the CPP-NPA......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

SC asked to recall environmentalists’ protection order

The Supreme Court has been asked to recall the temporary protection order it granted to environmentalists Jonila Castro and Jhed Tamano, who claimed they were seized by the military in Bataan last year. The Office of the Solicitor General yesterday filed an urgent motion, saying a Bulacan court had issued arrest warrants against Castro and Tamano on charges of grave oral defamation......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Ex-SAF chief liable in 2009 helicopter deal – SC

The Supreme Court reversed the ruling of the Court of Appeals that cleared former Philippine National Police-Special Action Force chief Leocadio Santiago Jr. over the purchase of three helicopters in 2009......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Court order stalls Central Luzon power line works

The completion of a critical power transmission line in Central Luzon has been stalled following a temporary restraining order issued by the Supreme Court......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

SC denies petition vs Comelec on digital signatures

The Supreme Court has denied a petition filed against the Commission on Elections asking the High Court to compel the poll body to implement the use of digital signatures in the 2022 general elections......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Authentic System Solutions streamlines processes and workflows

Discover how Authentic System Solutions can help streamline your construction business processes & workflows. Founded in 2013, Authentic System Solution is a Cebu-based Software Company with over 100 active clients nationwide and is compliant with BIR Computerized Accounting System (CAS) requirements.  “Our goal is to help our client’s process and workflows in-place based on the.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Gaza war: Death and ruins at shattered Al-Shifa hospital

Hundreds of people stared at the smoke-blackened ruins of Gaza’s biggest hospital on Monday, horrified by the damage and death left behind by a fierce two-week battle between militants and Israeli troops. The crowd stood amid debris and large mounds of dirt at the foot of a shell-pocked five-story building in the sprawling Al-Shifa complex.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024