To withhold or not to withhold: That is the question
By Steffanieh Gail M. Tan
Congratulations! You are now on top! Welcome to the club!
CALAX Laguna interchanges to open on Aug. 18
PUBLIC WORKS and Highways Secretary Mark A. Villar said Sunday that the Laguna Boulevard Interchange and the Laguna Technohub Interchange of the Cavite-Laguna Expressway (CALAX) will be opened to motorists starting Aug. 18.
DoST to allow non-STEM grade 12 students to apply for tech scholarships
GRADE 12 STUDENTS in non-science, technology, engineering, and mathematics (STEM) tracks will now be permitted to apply for the government’s science and technology (S&T) scholarships.
Revisiting the TRAIN Law
By Aleli Carissa D. Gimena
Nothing is forever, except change. The wise words of Buddha proclaim the undeniable truth that the only thing constant is change. Life is a process of becoming; thus, we should always keep ourselves abreast with the changing times. After all, progress is impossible without changing the status quo.
SSS reluctant to implement expanded pension proposal
THE Social Security System (SSS) said going ahead with a plan to expand benefits for retirees affected by the coronavirus disease 2019 (COVID-19) pandemic will likely erode the pension fund’s finances.
TRAIN Law: Revisions to Income Tax Return forms
By Cherry Liez O. Rafal-Roble and Danielle Irma Arellano
Controversies continue to surround the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Members from both the public and private sectors blame it for the steady rise in inflation, the now weekly increase in fuel and oil prices, and a record currency depreciation that left the peso at its weakest in over 11 years.
Gov’t facing P9.6-trillion bill for military pension obligations
THE GOVERNMENT will need to set aside about P9.6 trillion to meet its obligations to retired military and uniformed personnel (MUP) if it does not reform their pension arrangements, a key senator said.
Final call for applications: SSS condonation program
By Elena D. Manuel
The new Charter of the Social Security System (SSS) took effect on March 5 with the passage into law of Republic Act (RA) No. 11199 or the “Social Security Act of 2018.”
Amendments on compensation tax
By Nikkolai F. Canceran
My employed friend recently requested me to compute her annual income tax due for the prior year 2017. Her gross compensation from her lone...
TRAIN Law: PEZA tax incentives for registered enterprises
By Irish Rosanne M. Pullante
THE TRAIN law is expected to make significant changes to the tax incentives of PEZA registered enterprises.
With the enactment of the Tax Reform for...
Group flags below-standard steel bars used for high rises
A GROUP of concerned citizens has called for the recall of locally made steel bars which are claimed to be below standard for high rises, having been quench-tempered instead of being made with micro-alloy.
DBM releases final batch of funding for DoLE worker aid
THE Department of Budget and Management (DBM) released P2.5 billion to replenish the Department of Labor and Employment’s (DoLE) cash aid program for displaced workers but said the remaining request for P5 billion worth of additional funding, which could support 1 million more people out of work, is unlikely to be approved.