ONE of the pillars of the Aquino Social Contract with the Filipino people is inclusive economic growth. As this week¹s issue of the Good News shows, the promise of progress even in the countryside is finally coming to fore.
BIR tax collection expands by 13.8% from last year
THE Bureau of Internal Revenue (BIR) reported a 13.8% rise in tax collections for the first seven months of this year or P64.5 billion more than the amount collected in the same period in 2010.
DBM releases P1.34B for flood control projects
THIS August, the Department of Budget and Management (DBM) released more than P1.34 billion to the Department of Public Works and Highways (DPWH) for its various flood control projects throughout the country.
DA-PCIC, Negros Occ launch P180M crop insurance program
THE Department of Agriculture, in partnership with the Province of Negros Occidental, recently launched a P180 million crop insurance program that is expected to benefit 10,000 rice farmers.
PAGCOR’s July income hits 3.1 Billion
THE Philippine Amusement and Gaming Corporation (PAGCOR) continued its winning streak in July, setting a new monthly income record of P3.1 billion, the highest revenue generated by the agency for a single month in the last 25 years.
BIR slaps manufacturer with P1.7 billion tax evasion case
EARLIER this week, the Department of Justice charged Gammon Metal Products, Inc. with tax evasion. Gammon Metal Products, Inc. (Gammon), is a duly registered domestic corporation manufacturing metal, plastic, electrical, and industrial products.
