...The total personal services appropriation has complied with the PS limitation applicable to 1st-3rd class provinces [Sec. 325 (a), RA 7160]; Since the 2016 Annual Budget is found in accordance with the Local Government Code of 1991, the Chairman of the Committee on Appropriations recommended the approval of an Appropriation Ordinance. After which, during the division of the house, all members present voted unanimously in favor of the passage of the appropriation ordinance enacting the 2016 General Fund Annual Budget of the Province of Iloilo on 01 December 2015. Subsequently after its approval, the Annual Budget for 2016 was executed at the start of the official fiscal year 2016. The Local Chief Executive has already released fund for the programs, projects and activities for the current year in line with his developmental agenda. The provincial treasurer then takes custody of the funds. He is allowed to collect and disburse such for funding of the developmental PPAs of the locale. The funds that has been disbursed shall be subjected to inspection by COA at all times. Sec. 352 also provides that the local treasurers, accountants, budget officers and other accountable officers shall within 30 days from end of the fiscal year to post in at least 3 conspicuous places a summary of income and...
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...------------------------------------------------- Fiscal policy of the Philippines From Wikipedia, the free encyclopedia Fiscal policy refers to the "measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy to achieve certain goals."[1] In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there have been improvements in the last few years.[2] The Philippine government’s main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and debt, the Philippines relies on both domestic and external sources. Fiscal policy during the Marcos administration was primarily focused on indirect tax collection and on government spending on economic services and infrastructure development. The first Aquino administration inherited a large fiscal deficit from the previous administration, but managed to reduce fiscal imbalance and improve tax collection through the introduction of the 1986 Tax Reform Program and the value added tax. The Ramos administration experienced budget surpluses due to substantial gains from the massive sale of government assets and strong foreign investment in its early years. However, the implementation of the 1997 Comprehensive Tax Reform Program and the onset of the Asian financial crisis resulted...
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...Responsibilities of Local Government Unit * the giving of allotments and grants by the national government (NG) to local government units (LGUs) * sharing of taxing powers between the NG and the LGUs, and among LGUs units * policy on tax rates and structure * revenue and expenditure planning * revenue utilization and expenditure allocation * monitoring and approval of budgets, tax ordinances and other fiscal measures * policy on borrowing and borrowing instruments * appointment and supervision of local fiscal officers Fundamental Principle * No money shall be paid out of the local treasury except in pursuance of an appropriations ordinance or law * Local government funds and monies shall be spent solely for public purposes * Local revenue is generated only from sources expressly authorized by law or ordinance, and collection thereof shall at all times be acknowledged properly * All monies officially received by a local government officer in any capacity or on any occasion shall be accounted for as local funds, unless otherwise provided by law * Trust funds in the local treasury shall not be paid out except in fulfillment of the purpose for which the trust was created or the funds received * Every officer of the local government unit whose duties permit or require the possession or custody of local funds shall be properly bonded, and such officer shall be accountable and responsible for said funds and for...
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...process/es involved in the revenue generation, allocation, and expenditures of the government. Public finance belongs to the branch of economics but that was during the earlier times. With the emergence of the field of public administration, much interest has been directed towards fiscal administration. Again, this subfield of public administration covers a wide range of issues and topics affecting government operations like taxation, public expenditures and borrowing, resource allocation, revenue administration, auditing and intergovernmental relations. As Briones (1996) puts it, “public fiscal administration embraces the formulation, implementation, and evaluation of policies and decisions on taxation and revenue administration; resource allocation, budgeting, and public expenditure; public borrowing and debt management; and accounting and auditing.” Through the years, many researches were devoted on these topics and issues; the government has also introduced reforms like reforms in tax administration, value added tax (VAT), expanded value added tax (E-VAT), procurement reforms, the medium-term expenditure framework (MTEF), accounting reforms, re-engineering the bureaucracy program (REBP), transforming local finance, and many others. Fiscal policy refers to the "measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy...
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...PLANNING 1 Topic 1: Ecological Consideration of Site Analysis 1. Choose a Wetland area in the Philippines and do the following: a. Provide a background discussion of the wetland Laguna De Bay -Laguna de Bay is the most important freshwater wetland in the Philippines in terms of support to local communities. However, it is now threatened with inappropriate various development projects and over-exploitation of its resources. -The lake has an average depth of 2.8 metres (9 ft 2 in) and its excess water is discharged through the Pasig River. - Laguna de Bay is the Philippines' largest inland water body covering 98,000 hectares and situated at the heart of the CALABARZON (includes the provinces of Cavite, Laguna, Batangas, Rizal And Quezon) area - the region's highly urbanized and developed center. The lake is bounded by six (6) provinces, twelve (12) cities, and forty-nine (49) municipalities, of which are lakeshore towns. A total of twenty-four (24) sub-basins drain directly to the lake, with the Pagsanjan-Lumban Rivers System contributing to as much as 35% of the total inflow to the lake. (http://www.psdn.org.ph/wetlands/philwetlands.htm#philwet) (http://www.psdn.org.ph/clear/lagunadebay.htm) (http://www.britannica.com/EBchecked/topic/56646/Laguna-de-Bay) b. List down issues and concerns about the wetland. Discuss each issues and concerns. -Shore land encroachment -water pollution - Deforestation and resource extraction - Open dumpsite / Illegal garbage...
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..."hall mark" or the very essence of the nation state. It is safe to assume therefore that it is the law that gives life and force to a nation state accords it with political authority and lays down limitation to the government in the exercise of its power and function. This policy mandates the state promote justice in all phases of national development. In the fulfillment of this duty the state must give preferential attention to the community, the poor under the privileged and those who have less in life. To remedy the problem, all rulers of state shall construe their people by means of law. But not all rulers or government use law as instrument of control in the same manner, a government can hardly enforce law to administer justice preserve human dignity and promote personal values of member of the barangay. More over what kind of barangay member do people have been the law is not implemented to prevent abuses? Surely, it is a society of anarchy everyone has to do what he pleases. For strengthening of the system, the government implemented reforms to improve the administration of justice, the Katarungang Pambarangay Law reaffirmed in the Local Government Code under Republic Act 7160 which took effect in 1992. According to de Castro, RA 7160...
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...provisions of COOP Code vis-à-vis the NIRC and the LGC; and > the COOP BIR compliance requirements. To present and clarify > recent tax rulings, RR and court decisions > problem areas affecting COOPs AIT “Learning through Quality Training” Presentation Outline Part I Review 1) Legal Bases of Exemptions 2) Classification of Coops 3) Tax Exemption/taxability of Coops 4) Taxability of COOP Members & Directors Part II Recent Development 1) CTA Decisions: Final Tax on Interest 2) RMC 34-2008 on Director’s fees 3) RR14-2007 on Microfinancing 3) BIR ruling on CTE AIT “Learning through Quality Training” Legal Bases of Exemptions AIT “Learning through Quality Training” Legal Bases of Exemptions 1. Cooperative Code of the Philippines Article 61 Article 62 2. Bureau of Internal Revenue Section 109 of NIRC RR No. 20-2001 3. Local Government Code of 1991 Section 133 Section 234 AIT “Learning through Quality Training” Article 61 and 62, RA 6938 apply to Art 61 Coops transacting with members only Art 62(1) Coops transacting with members and non-members with Reserves of P10M & below Art 62(2) Coops transacting with members and non-members with Reserves of over P10M AIT “Learning through Quality Training” Local Government Code Section 133(n) exempts all duly registered COOPs from taxes, fees and charges Section 234(d) exempts from real property taxes all real property owned by duly registered COOPs AIT “Learning through Quality Training” Local Government Code CDA Memo Circular...
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...Bank Consultant. The findings, interpretations, and conclusions expressed herein are those of the author, and do not necessarily reflect the views of the World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent. This paper represents work in progress and comments to the author are invited (elmer_sm@yahoo.com). 1 (NOT FOR ATTRIBUTION; FOR DISCUSSION PURPOSES ONLY) Summary One of the critical challenges of urbanisation in developing countries is how to rein in the environmental impacts of progress with the need to maintain one’s sense of social history, culture and heritage. Like the cities of Seville in Spain, Kyoto in Japan, Rome in Italy or even Manila in the Philippines, Vigan City wanted to remove the ravages of political warlordism that plagued its recent past and reclaim its once rich Spanish colonial cultural heritage and prestige it held in the 19th century. When the city of Vigan decided to transform itself as a cultural heritage city, one of the core platforms of the city’s cultural and heritage conservation programme and master plan was the environmental conservation and management of its existing resources. The city government viewed its cultural and heritage vision not only in the context of physical preservation and conservation of its colonial architecture and planning but as a cultural place were the cultural practices, industry, attitudes and natural environment by which the city’s...
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...Voluntary versus Involuntary Unemployment At a very basic level, unemployment can be broken down into voluntary unemployment- unemployment due to people willingly leaving previous jobs and and now looking for new ones- and involuntary unemployment- unemployment due to people getting laid off or fired from their previous jobs and needing to find work elsewhere. Not surprisingly, economists generally view involuntary unemployment as a larger problem than voluntary unemployment since voluntary unemployment likely reflects utility-maximizing household choices. Frictional Unemployment The easiest type of unemployment to explain is known as frictional unemployment. Frictional unemployment is unemployment that occurs because it takes workers some time to move from one job to another. While it may be the case that some workers find new jobs before they leave their old ones, a lot of workers leave or lose their jobs before they have other work lined up. In these cases, a worker must look around for a job that it is a good fit for her, and this process takes some time. During this time, the individual is considered to be unemployed, but unemployment due to frictional unemployment is usually thought to last only short periods of time and not be specifically problematic from an economic standpoint. This is particularly true now that technology is helping both workers and companies make the job search process more efficient. Frictional unemployment can also occur when students move into...
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...investment, foreign exchange and employment, and to continue to mold an enhanced sense of national pride for all Filipinos. Towards this end, the State shall seek to: (a) Ensure the development of Philippine tourism that is for and by the Filipino people, conserve and promote their heritage, national identity and sense of unity; (b) Recognize sustainable tourism development as integral to the national socio- economic development efforts to improve the quality of life of the Filipino people, providing the appropriate attention and support for the growth of this industry; (c) Promote a tourism industry that is ecologically sustainable, responsible, participative, culturally sensitive, economically viable, and ethically and socially equitable for local communities; (d) Create a favorable image of the Philippines within the international community, thereby...
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...power inherent in every sovereign State to impose a charge or burden upon persons, properties, or rights to raise revenues for the use and support of the government to enable it to discharge its appropriate functions SCOPE OF TAXATION TAXATION IS: Unlimited, Far-reaching, Plenary Comprehensive Supreme STAGES OF TAXATION: (LAP) 1. Levy 2. Assessment 3. Payment Basic Principles of a Sound Tax System 1. Fiscal Adequacy 2. Theoretical Justice 3. Administrative Feasibility INHERENT LIMITATIONS (SPING) 1) Situs or territoriality of taxation 2) Must be for a Public purpose • Test is whether proceeds will be used for something which is the duty of the State to provide. • Legislature is not required to adopt a policy of “all or none.” • Incidental benefit to individual does not defeat exemption 3) International comity • Property of a foreign State of government may not be taxed by another 4) Non-delegability of the taxing power • Contemplates power to QuickTime™ and a TIFF (Uncompressed) decompressor determine kind,thisobject, extent, are needed to see picture. amount, coverage, and situs of tax; • Distinguish from power to assess and collect • Exemptions: (a) presidential taxing powers; (b) local governments 5) Exemptions of Government agencies • Taking money from one pocket • to the other Applies only to entities exercising government functions (acta jure imperii) CONSTITUTIONAL LIMITATIONS A. Direct 1) Due process • Should not be harsh, oppressive, or confiscatory (Substantive) • By...
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...to participate, support and lend a hand towards greater moral, social and economic achievement. With the freedom that we have, the youth had also been trained and entrusted to perform such duties for years, in hope and belief that they are the future builders of this country. This has been a part of our culture and politics. In fact, Philippines pioneered the youth participation in local governance which means that our country has been investing in young people for decades. Thanks to that famous line of our great national hero, “The youth is the hope of the nation.” Perhaps, that very line of Dr. Jose P. Rizal is what inspired the creation of Sangguniang Kabataan. Former Philippine President Ferdinand Marcos believed in the capability of youth in leadership when he enshrined youth participation in politics. The Kabataang Barangay (KB) or “Village Youth” was a youth organization at the grassroots level created in 1975. A decade after, Sangguniang Kabataan or SK has been POLYTECHNIC UNIVERSITY OF THE PHILIPPINES institutionalized in relation to the implementation of RA 7160 or the Local Government Code in replacement of KB. (Abletez, 1993) The Sangguniang Kabataan or youth council is the governing body of the Katipunan ng Kabataan of every barangay.(Alunan, 1993) The Katipunan ng Kabataan, the ones who elect the officials of Sangguniang Kabataan (SK for short) through an election conducted by Commission on Elections...
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...EXECUTIVE SUMMARY The real estate industry consists of a collection of industrial and services sectors of the economy such as construction, brokerage services, mortgage banking, property management and even architecture and design. The real estate industry deemed ...
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...Bhaage Jaana Hai Kahan Bneche Thakar Gaan (Rupam) Bneche Thakar Gaan (Saptarshi) Chawl Raastaye (Shreya) Chawl Raastaye (Priyam) Phnaade Poriya Bawga Knaade Re Uthche Jege Shawkalgulo Bol Na Aar Dui Prithibi It's Only Pyaar O Yara Vey Pyarelal Keno Aaj Kal Keu Mone Mone Khujechi Toke Raat Berate Pirit Koro Na Sexy Maye Aas Paas Hai Khuda (Unplugged) Aas Pass Hai Khuda Ale Ab Jo Bhi Ho Anjaana Anjaani Hai Magar Anjaana Anjaani Ki Kahani Apna Har Din Jiyo (Remix) Apna Har Din Jiyo Baki Main Bhool Gayi Chhan Ke Mohalla Sara (Remix) Chhan Ke Mohalla Sara Chori Kiya Re Jiya (Female) Chori Kiya Re Jiya (Male) Dabangg Theme Desi Kali Your A Desi Kali (Bawara Sa) (Remix) Desi Kali Your A Desi Kali (Bawara Sa) Desi Kali Your A Desi Kali (Remix) Song Code 5551 5552 5553 5554 5555 5556 5557 5558 5559 55510 55511 55525 55512 55513 55514 55515 55516 55517 55518 55519 55520 55521 55522 55523 55524 55526 55527 55528 55529 55530 55531 55532 55533 55534 55535 55536 55537 55538 55539 55540 55541 Artist/Movie/Album Amanush Amanush Amanush Amanush Amanush Amanush Amanush Autograph Autograph Autograph Autograph Autograph Autograph Autograph Autograph Dui Prithibi Dui Prithibi Dui Prithibi Dui Prithibi Dui Prithibi Josh Josh Josh Josh Josh Anjaana Anjaani Anjaana Anjaani Golmaal 3 Anjaana Anjaani Anjaana Anjaani Golmaal 3 Golmaal 3 Action Replayy Action Replayy Action Replayy Dabaang Dabaang Dabaang Golmaal 3 Golmaal 3 Golmaal 3 SL 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62...
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...ATENEO CENTRAL BAR OPERATIONS 2007 Remedial Law SUMMER REVIEWER 3. Special Proceedings – remedy by which a party seeks to establish a status, a right, or a particular fact. CIVIL PROCEDURE CLASSIFICATION OF ACTIONS (A) As to nature ORDINARY ACTION Governed by rules. CIVIL ordinary SPECIAL CIVIL ACTION Also governed by ordinary rules but SUBJECT to specific rules prescribed (Rules 62 to 71). Special features not found in ordinary civil actions. RULE 1 GENERAL PROVISIONS Section 1. Title of the Rules The Rules of Court are not penal statutes. They cannot be given retroactive effect. They can, however, be made applicable to cases pending at the time of their passage and therefore are retroactive in that sense. Under the 1987 Constitution, the rule-making power of the Supreme Court has the following limitations: 1. It must provide a simplified and inexpensive procedure for the speedy disposition of cases; 2. Uniform for all courts of the same grade; and 3. Shall not diminish, increase or modify substantive rights (Art: VIII Section 5[5]). Section 2. In what courts applicable Section 3. Cases governed ACTION CLAIM An ordinary suit in a A right possessed by one court of justice. against another. One party prosecutes The moment said claim is another for the filed before a court, the enforcement or claim is converted into an protection of a right or action or suit. QuickT the prevention or redress ime™ and a TIFF (Uncompressed) decompressor are needed to see this picture. of...
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