Bacolod road deaths
up 88% - TMU chief
15 KILLED IN FIRST
2 MONTHS OF 2015
BY CARLA GOMEZ
Fifteen persons have been killed in accidents in Bacolod City, in the first two months of 2015, Police Insp. Roger Ong, Bacolod Traffic Management Unit chief, said yesterday.
From January to February, this year, the number of persons died in accidents increased by 88 percent, compared to the same period in 2014, where eight were killed, Ong said.
sugar tax circular
BY CARLA GOMEZ
Sugar Regulatory Administrator Ma. Regina Martin yesterday said Bureau of Internal Revenue Commissioner Kim Henares is still reviewing a revenue memorandum circular that, hopefully, will address concerns raised by industry stakeholders on the imposition of a one percent creditable withholding tax on raw sugar and molasses.
“We hope the revenue memorandum circular can solve the issues and concerns raised,” she said.
Small sugar planters, especially agrarian reform beneficiaries, are complaining that Revenue Regulation 11-2014 that imposes the one percent tax on raw sugar and molasses upon withdrawal from the mills has hampered the sale and release of their produce because of their inability to meet BIR requirements.
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is not triumphalism
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Neg.Or. SP overrides veto of
Degamo on 2015 budget
BY JUANCHO GALLARDE
Two of four line items in the 2015 annual budget of the province of Negros Oriental vetoed by Gov. Roel Degamo were overridden by members of the provincial board during the regular session Monday, while no action was taken on two others.
Nine board members favored overriding items A and D, the first of which is the reduction of appropriations from P25 million to P10 million for the purchase of five 6-wheeler dump trucks approved by the Provincial Risk Reduction Management Council with two against and one abstention.
Item D refers to the reduction and transfer of P18 million worth of projects of the office of the vice governor, Sangguniang Panlalawigan members under the special purpose fund to the SP that was earlier vetoed by Degamo as it allegedly constitutes the creation of a new item in the budget, which is prohibited under the Local Government Code of 1991