Bank employees welcome tax exemption law
February 17, 2015 - 12:00am
The National Union of Bank Employees (NUBE) has hailed President Benigno S. Aquino III’s signing into law a measure raising the ceiling on tax exemption on bonuses from P30,000 to P82,000. NUBE National president...
Banking
Philippines increases tax exemption cap on workers' bonuses
February 12, 2015 - 11:00pm
Philippine President Benigno S. Aquino III has signed into law today, the proposed higher ceiling for the tax exemption on 13th month pay and other bonuses for both public and private sectors.
Business
BIR backs 10% VAT on softdrinks
By
Zinnia B. Dela Peña
| December 8, 2014 - 12:00am
The Bureau of Internal Revenue (BIR) supports a proposal that seeks to impose a 10 percent ad valorem tax on soft drinks and other sweetened beverages in a bid to shore up government revenues.
Business
Lapu-Lapu to wait for Palace order on holiday bonus
November 8, 2014 - 12:00am
Less than 50 days to Christmas and it is not yet clear whether workers at Lapu-Lapu City Hall are receiving bonuses.
Freeman Metro Cebu
Who gets the fattest bonus this Christmas?
By
Carlo S. Lorenciana
| November 4, 2014 - 12:00am
Apart from the anticipated gift-giving and merry making that Christmas brings, many Filipino workers also look forward to receiving the much awaited bonuses that they get from their employers on top of the mandated...
Freeman Cebu Business
Senate employees get anniversary bonus
By
Christina Mendez
| October 20, 2014 - 6:12pm
Senate President Franklin Drilon played Santa this month as he gave out P1,000 each for every year of service to about a thousand...
Headlines
DepEd: Teachers' bonus not DAP-funded
By
Dennis Carcamo
| July 24, 2014 - 3:24pm
The Department of Education (DepEd) on Thursday clarified that the bonuses given to public school teachers were not taken from the agency's savings.
Headlines
MMDA releases P34.2M for workers' mid-year bonus
By
Dennis Carcamo
| May 9, 2014 - 2:09pm
The Metropolitan Manila Development Authority on Friday ordered the release of the mid-year bonuses of more than 3,000 employees...
Nation
Congress wants work bonuses up to P75k exempted from tax
By
Louis Bacani
| February 18, 2014 - 11:59am
Both chambers of Congress have agreed to pass a bill that increases the tax exemption limit on workers' 13th month pay, Christmas...
Business
EDITORIAL - Rich rewards
January 21, 2014 - 12:00am
Once again, government-owned and controlled corporations are under fire for hefty bonuses and allowances.
Opinion
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