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Gov’t workers lost bonuses to DAP

By
teachers

Hundreds of thousands of state workers were deprived of salary increases and modest bonuses when the Department of Budget and Management shifted their benefits to projects funded by the Disbursement Acceleration Program over the last three years.

Posted: July 31st, 2014 in Editors' Picks,Headlines,Nation | Read More »

House mulls higher tax-exempt ceiling for bonuses

By
Romero Quimbo

The House of Representatives is looking to raise the tax-exempt amount of workers’ bonuses to P40,000 up to P75,000, despite warnings from finance officials the revenue loss to the government would be at least P10 billion.

Posted: May 19th, 2014 in Latest News Stories,Nation | Read More »

COA finds P204M in misdeclared Commission on Appointments bonuses

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The Commission on Audit has found something sour in the P230-million fund from the Disbursement Acceleration Program meant for a milk feeding program that had 52 proponents, including Speaker Feliciano Belmonte Jr., lawmakers from the Makabayan bloc and an NGO associated with a sister of President Aquino. INQUIRER FILE PHOTO

Members and staff of Congress’ powerful Commission on Appointments (CA) enjoyed a bounty of allowances in 2012, including P204 million in extra benefits erroneously classified as maintenance and operating expenses in official records, according to a Commission on Audit (COA) report.

Posted: March 28th, 2014 in Latest News Stories,Nation | Read More »

Congress eyes higher tax exemption cap on bonuses

By
drilon-1221

Congress has agreed to pass a measure that would raise the tax exemption cap on the 13th month pay, Christmas bonus and other work benefits, Senate President Franklin Drilon said on Tuesday.

Posted: February 18th, 2014 in Latest News Stories,Nation | Read More »

DOT execs, workers told to return bonuses

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The Commission on Audit has found something sour in the P230-million fund from the Disbursement Acceleration Program meant for a milk feeding program that had 52 proponents, including Speaker Feliciano Belmonte Jr., lawmakers from the Makabayan bloc and an NGO associated with a sister of President Aquino. INQUIRER FILE PHOTO

State auditors have asked officials and employees of the Department of Tourism (DOT) to return P162.4 million in bonuses and allowances they received in 2011 and 2012.

Posted: January 27th, 2014 in Latest News Stories,Nation | Read More »

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