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Bacolod City, PhilippinesThursday, August 22, 2013
BIR extends accreditation validity
of receipt printers until October 31

Businessmen in Negros Occidental yesterday lauded the Bureau of Internal Revenue for extending the validity of the provisional accreditation for printers of official receipts, sales invoices, and other commercial invoices until October 31 from the Aug. 30 deadline as earlier ordered.

The extension was issued following complaints that BIR-accredited printers failed to service printing requests on time.

Originally, BIR ordered that the use of old receipts was only until April 30 of this year or 60 days before the initial deadline of using the old receipts, and failure to do so will mean a P1,000 penalty

Ordinance on coops
clears 1st reading

An ordinance requiring all cooperatives operating within Bacolod City to secure clearance from the City Cooperative and Livelihood Development Office before the issuance of the Mayor’s Permit, was approved yesterday by the Bacolod Sangguniang Panlungsod on first reading.

The measure authored by Councilor Wilson Gamboa Jr. said that to put to good use funds allocated for cooperatives, there is a need to implement mechanisms that would ensure that only legitimate and performing cooperatives receive local government subsidy and support.

P125 daily across-the-board
salary increase pushed anew

Lawmakers are pushing for a P125 daily across-the-board salary increase in the private sector to help them cope with the rising prices of basic commodities and services, a press release from Congress said.

Reps. Fernando Hicap (Party-list, Anakpawis), Neri Colmenares (Party-list, Bayan Muna), Luzviminda Ilagan (Party-list, Gabriela), Emmi de Jesus (Party-list, Gabriela), Antonio Tinio (Party-list, ACT Teachers) and James Mark Terry Ridon (Party-list, Kabataan) filed House Bill 253.

The measure is aimed to give a reprieve to workers and their families who are now experiencing the effects of soaring prices of basic goods, fees for public services and rates of public utilities and the ever-worsening domestic economic crisis in general, the press release said.

Business
ButtonBIR extends accreditation validity of receipt printers until October 31
ButtonOrdinance on coops clears 1st reading
ButtonP125 daily across-the-board salary increase pushed anew

Button‘Regulate toxic toys’
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