Senator Joel Villanueva on Tuesday, June 1, appealed to his colleagues in Congress to convene the joint oversight committee to assess the government's COVID-19 vaccination program.
Senator Joel Villanueva (Senate of the Philippines/MANILA BULLETIN File Photo) Villanueva stressed the importance o
The Philippines is among four countries which demonstrated an “adequate” level of accountability in its early COVID-19 fiscal policy responses, according to a report released by the independent group International Budget Partnership (IBP).
Press Release
Teacher Education Excellence Act
Delivered by the Honorable Win Gatchalian, Senator of the 18th Congress:
Mr. President, distinguished colleagues, the most important factor in education is the teacher. Schools are only as good or as bad as their teachers. Even the brightest learner will not reach his or her full potential without passionate and competent teachers to lead the way. For learners struggling to catch up, the teacher is their closest and most influential lifeline.
Sabi nga nila, kahit may angking talino ang isang bata pero kung wala namang lilinang o huhubog sa kanyang kakayahan at gagabay sa kanyang pag-aaral ay hindi rin niya makakamit ang pinakamahusay na edukasyon. Iyan ang papel ng isang guro.
BusinessWorld
May 10, 2021 | 5:49 pm
(2nd of 2 parts)
While we applaud the government for another piece of tax legislation which will help small businesses bounce back, the approval came too close to the April 15 deadline. This resulted in some confusion and an appeal to extend the deadline for the filing of the Annual Income Tax Return (AITR).
Although many taxpayers, especially tax practitioners, lobbied for an extension, the Bureau of Internal Revenue (BIR) was quick to resolve the issue and decided not to extend.
Other than allowing taxpayers to file and pay anywhere even outside the jurisdiction of the Revenue District Office (RDO) where they are registered, an AITR filed on or before the April 15 deadline may be amended not later than May 15. If the amended return will result in additional payment, no penalties shall be imposed as provided in RMC 46-2021 while any over-payment may be carried over as a tax credit in the succeeding period or may be refunded.
March 7, 2021 | 7:51 pm Font Size
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THE TWO chambers of the legislature will form a Joint Congressional Oversight Committee (JCOC) to monitor the implementation of the Financial Institutions Strategic Transfer (FIST) Law, with its co-chairs saying that the panel will ensure that FIST incentives are not abused by parties availing of its tax-light asset-transfer rules.
“(The JCOC) will particularly ensure that the provisions on the FIST corporation applications and plans, transfer of assets, and availment of incentives and privileges are followed,” Senator Grace S. Poe-Llamanzares, who chairs the Committee on Banks, Financial Institutions and Currencies, said in a text message.
Ms. Poe-Llamanzares will co-chair the joint committee along with her House counterpart alongside Quirino Representative Junie E. Cua, who heads the House Committee on Banks and Financial Intermediaries.