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DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Draymond Green suspensions reason for Team USA omission

Team USA says the non-inclusion of Draymond Green in the Olympic roster may be better for the two-time gold medalist, who’s ‘working through some things both on and off the court’.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 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

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

ICHRP welcomes acquittal of Maria Ressa in Philippine tax evasion case

The International Coalition for Human Rights in the Philippines (ICHRP) welcomes journalist and Nobel Prize recipient Maria Ressa’s acquittal from a Philippine tax evasion case......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Ever Bilena faces P9.3 million tax rap

The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

BPO workers in economic zones must work on-site, says DOJ

Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

BOI gives green lane to P150 billion telco project

The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Greenergy’s property dividend of ANI stock still with SEC for approval

As requested by the PSE, Greenergy provided an update on GREEN’s proposed property dividend of AgriNurture shares to GREEN shareholders of record as of June 30, 2023......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

DOH chief unaware of pyramiding schemes, gifts to doctors

MANILA, Philippines — No less than the country’s health chief had no knowledge of the alleged multi-level marketing (MLM) schemes in the medical industry until the issue was raised before the Senate. Facing the Senate probe on Tuesday, Department of Health (DOH) Secretary Teodoro Herbosa said he only heard of some of the perks that.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

Doctor-owned pharma hit for ‘unethical practices’

A group of doctors who own a pharmaceutical company has been giving rebates of up to P2 million, luxury cars, travel and other perks to doctors who prescribe the firm’s medicines, Sen. Jinggoy Estrada disclosed yesterday......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting

Proper lighting helps maximize yields for mushroom cultivators. As one of the main environmental factors influencing mushroom growth, lighting impacts developmental cycles at each stage. Indoor growers can control lighting precisely. Outdoor cultivators, on the other hand, rely on natural conditions. Both cultivation methods have their perks and challenges. Tailoring mushroom lighting techniques during phases […] The post Maximizing Mushroom Cultivation: Harnessing the Power of Proper Lighting appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsApr 20th, 2024

Tatak Pinoy more than branding, Marcos says

Producers of best quality Filipino goods are entitled to greater incentives and financing perks based on a law signed yesterday by President Marcos, which aims to make Philippine-made products and services globally competitive......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Rhea Gullas Cup: Minglanilla, Talisay earn twice-to-beat perks in semifinals

CEBU CITY, Philippines — Abante Minglanilla finished the elimination round with an 84-69 run against Blissful Sibonga in the  Rhea Gullas Cup 2024 First District of Cebu Inter-City/Municipality Sports Festival. With their victory Sunday night, Minglanilla finished the elimination round with four wins and one defeat to clinch a spot in the semifinals.  They are.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 2024

Lovi Poe molugwa sa Hollywood indie film nga ‘Bad Man’

Usa ka buwan sukad siya nanamilit sa “FPJ’s Batang Quiapo,” proud kaayo nga gipahibaw sa aktres nga si Lovi Poe ang iyang pag-apil sa usa ka Hollywood independent film. Ang pelikula nga adunay title nga “Bad Man” pangulohan sa “American Pie” star nga si Seann William Scott. Makauban usab ni Lovi sila si Johnny Simmons (“The Perks.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024