The Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed Rural Bank of La Trinidad (Benguet), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives.
Read MoreAll valid insured deposit claims will be paid
BANAWE, Quezon City – The Bureau of Internal Revenue (BIR) shuttered three (3) food establishments in Banawe, Quezon City last 13 September 2013 for failure to declare their correct taxable sales and pay deficiency value-added taxes (VAT), in violation of the Tax Code.
Read MoreFor the month of August 2013, the BIR collected Php118.11billion in tax revenues, Php21.35 Billion or 22.07% more than collections made in August 2012. The BIR significantly achieved its goal, missing its goal set for August 2013 of PhP118.48 Billion by a mere PhP 372 million or 0.31%. The shortfall resulted from non-BIR operations missing its revenue goal which was set at PhP 3.06 billion – where actual collections amounted to PhP 1.91 Billion, or PhP 1.15 Billion or 37.5% short of said goal.
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