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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
The policy of taxation in the Philippines is governed chiefly by the Constitution of the Philippines and three Republic Acts. Constitution: Article VI, Section 28 of the Constitution states that "the rule of taxation shall be uniform and equitable" and that " Congress shall evolve a progressive system of taxation ".
[6] The company's workforce was expected to increase to nearly 28,000 in 2016. However, a slump in shipbuilding projects limited the workforce to 20,000 as of 2017. [citation needed] As of September 2017, the company had the largest shipyard in the Philippines and was one of the largest private employers in the country. [citation needed]
Philippine Span Asia Carrier Corporation (PSACC), formerly branded as Sulpicio Lines, Inc. (SLI, Tagalog pronunciation: [sulˈpiːʃo]), is a major shipping line in the Philippines. [1] [2] PSACC is one of the largest domestic shipping and container companies in the Philippines in terms of the number of vessels operated and gross tonnage. The ...
Montenegro Shipping Lines, Inc. was established on 16 September 1978 by entrepreneur Vicente Leyco Montenegro, Sr., a pioneer in commercial and public transportation in the Philippines. The first route that the company served is from Batangas City to Abra de Ilog , Occidental Mindoro using the boat MV Malaya . [ 1 ]
The Canada–Philippines waste dispute was an international row over mislabeled Canadian garbage shipped to Manila by a recycling company. The 103 shipping containers that left from Vancouver in 2013–14 were labeled as recyclable plastics ; they instead contained household waste.
Lorenzo Lamas condemned California bureaucracy for failing to have a plan of action before the Palisades Fire tore through his hometown. Lamas, 66, who was born in Santa Monica and raised in the ...
USS Regulus hard aground in 1971 due to a typhoon: after three weeks of effort, Naval salvors deemed it unsalvageable.. Marine salvage takes many forms, and may involve anything from refloating a ship that has gone aground or sunk as well as necessary work to prevent loss of the vessel, such as pumping water out of a ship—thereby keeping the ship afloat—extinguishing fires on board, to ...