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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

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

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 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

Senate approves bill on BJMP control of provincial jails

MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Bill creating 32 single-member parliamentary districts in the BARMM passed

COTABATO CITY (MindaNews / 29 February) —  The bill creating 32 single-member parliamentary districts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was passed Wednesday night by a vote of 47  in favor, one against and three abstentions. Parliamentary Bill 267,  introduced on December 18, 2023 by the Government of the Day and signed […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Ex-New England Patriots Coach Bill Belichick Bids Farewell in Letter

Title: Bill Belichick Thanks Patriots Fans for Unwavering Support in Full-Page Ad Word Count: 305 Boston, MA – Former New England Patriots head coach, Bill.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

What Could Happen if Bill Belichick Becomes the Cowboys Coach?

Title: Bill Belichick’s Departure from Patriots Sparks Speculation and Controversy Word Count: 389 In a surprising turn of events in the football world, Bill Belichick,.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang

MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 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

4 ex-tax mappers pay of Cebu City ‘signed’ but…

CEBU CITY, Philippines – The payrolls have been signed and salaries are now being processed, but it is still not enough. The payroll for four Cebu City regular government employees and former tax mappers has been signed and is now in the process of releasing their salaries, which have been pending for 10 months. However,.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Former Cebu City Hall tax mappers not to blame for salary delay

Former Cebu City Hall tax mappers not to blame for salary delay.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

BIR delays 1 percent withholding tax on online sellers

The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

EDITORIAL - Taxes and governance

It’s tax filing month, and the government as usual launched a campaign to inform the public about meeting the deadline for filing tax returns......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Vape products found with P151 million tax deficiencies

More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

CGBP training program on tax rights, remedies

The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024