Bugang River of Pandan Antique

LIGO TA! Let us beat the summer heat by swimming in Bugang River of Pandan, Antique. The 6-kilometer river snakes through barangays Candari, Santo Rosario, Guia, Zaldivar, and Mag-aba from Northwest Panay Peninsula Natural Park, emptying at Pandan Bay. Bugang River is hailed as the cleanest inland body of water in the Philippines, making it … Read more

Tala

The Philippine Space Agency (PhilSA) has refueled the launch of TALA, the first high-power hybrid rocket developed in the Philippines by homegrown space technology researchers, students, and their mentors from St. Cecilia’s College-Cebu. Tala Hybrid Rocket A cost-effective 10 feet hybrid-propellant rocket developed by high school students from Cecilia’s College – Cebu. Features: Flight sensorsGPSDual … Read more

What is a ghost receipt?

What is a ghost receipt? Ghost receipts are fake invoices with no actual transactions. They are used to reduce tax liabilities by claiming false deductions and input VAT. This defrauds the government of taxes. FrontsBuyer – Imprisonment of 6-10 yearsSeller – Imprisonment of 6-10 yearsCPAs – License revocation for abetting and advising their clients to … Read more

BIR issues new guidelines on zero-rated vat transactions

BIR issues new guidelines on zero-rated vat transactions  Commissioner Romeo D. Lumagui, Jr. issued Revenue Regulations No. 3 – 2023, amending certain provisions of existing revenue issuances pertaining to zero-rated value-added tax (VAT) transactions. The amended provisions now state that local purchases of goods and local services such as janitorial, security, financial, consultancy, marketing and … Read more

On this day, May 15

On this day, May 15, in 1893 Jose Nepomuceno from Manila was born. Nepomuceno started the film industry in the Philippines.https://kahimyang.com/may/page/3/ On this day in 1928, Mickey Mouse first appeared as a cartoon character in the short film Plane Crazy.https://www.britannica.com/on-this-day/May-15 On this day in 1859, Pierre Curie was born, Marie Curie’s husband and partner in … Read more