The new tax hike policy Bureau of Internal Revenue (BIR) continues to threaten the private educational system, the Coordinating Council of Private Educational Associations (COCOPEA) on Tuesday, June 22, said. (ALI VICOY / MANILA BULLETIN) In a statement, COCOPEA said that the Revenue Memorandum...
The Department of Education (DepEd) on Thursday, June 17, announced that the Fiscal Year (FY) 2019 Performance-Based Bonus (PBB) of 14 Regional Offices has already been processed by the Department of Budget and Management (DBM). Public school teachers have been waiting for the release of the 2019...
Education Secretary Leonor Briones has allowed the early release of the P5,000 Cash Allowance (CA) to eligible teachers even before the School Year (SY) 2021-2022 officially starts. Education Secretary Leonor Briones allowed the early release of the P5,000 cash allowance to public school teachers....
To ensure the safety of students in higher education institutions (HEIs) that have been allowed to hold limited face-to-face classes, the Commission on Higher Education (CHED) said that majority of them are “now vaccinated” against the coronavirus disease (COVID-19). National University holds...
Sixteen-year-old Jasper Concepcion Faeldonia emerged as one of the youngest chessers with a National Master (NM) title after ruling the National Youth and Schools Chess Championships Under-17 division held online via the Hybrid Tornelo platform from June 10-13. Faeldonia, a Grade 11 student of...
A group asked the Department of Education (DepEd) on Tuesday, June 15, to show compassion to over 1,000 teachers who are about to “lose their jobs” when their teaching licenses expire. (JOJO RINOZA / FILE PHOTO / MANILA BULLETIN) ACT-Private Schools, a nationwide organization of academic and...
BETTER DAYS Senator Sonny Angara Last March, President Duterte enacted into law Republic Act 11534, more widely known as the Corporate Recovery and Tax Incentives for Enterprises or CREATE Act. Certified at the time as urgent by Malacañang, the law was touted as one of the government’s critical...
It seems that Malacañang is unlikely to reverse a Bureau of Internal Revenue (BIR) rule imposing higher corporate income tax on private schools in the country for now. President Rodrigo Duterte (File photo/Malacañang) Presidential Spokesman Harry Roque declared Thursday that the Palace supports...
Globe is embarking on a landmark partnership with the Department of Education (DepEd) - Division of Cebu Province with the construction of 26 new cell sites in 26 DepEd locations to support the government’s online learning initiatives. Globe is investing P338 million for the building of the new...
Senate Majority Leader Juan Miguel Zubiri on Monday, June 7, expressed support for the passage of the bill seeks to correct the Bureau of Internal Revenue's (BIR) supposed misinterpretation of the law modifying taxes imposed on private educational institutions. Senate Majority Leader Juan Miguel...
Deputy House Speaker Representative Rufus Rodriguez is pushing for a bill that would clarify an existing provision on tax perks granted to educational institutions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law which the Bureau of Internal Revenue (BIR) allegedly...
Senator Nancy Binay on Sunday urged the Bureau of Internal Revenue (BIR) to “have a heart” and spare private schools from a 150 percent increase in income tax. Binay said the BIR should withdraw its Revenue Regulation No. 5-2021 which seeks to impose higher income tax on so-called proprietary...
