Two lawmakers have proposed to make school items and school apparel exempt from value-added tax during weekends in the month of May to give families a break on spending in preparation for the opening of the school year, a press release from Congress said.
Buhay Party-list Reps. Irwin Tieng and Mariano Michael Velarde said VAT-free weekends for these school items will help taxpayers save money and enable retailers to lure more customers. The proposal under House Bill 5611 provides that the tax holiday shall start at 12:01 a.m. on the first Friday of May and end at 11:59 p.m. on the first Sunday of May, the press release said.
‘Prices of commodities
stable in Bacolod City’
Prices of basic necessities and prime commodities in three public markets in Bacolod City have been stable in the first month of 2012 and are expected to remain so until next month as there is enough supply.
Ernie Pineda, Bacolod City Market Coordinating and Monitoring Task Force headand Executive Assistant to the Mayor Evelio Leonardia yesterday said that prices of vegetables, meat, and rice are stable, with not even a slight increase or decrease because of supply in the market.
He said a kilo of pork remains at P160 to P170, beef at P220 to P230, whole dressed chicken at P110 to P115 while well-milled rice remains at P35 to P36.
Neg. Occ. Paravets
elect new officers
The Paravet Alliance of Negros Occidental Inc. recently elected its new officers ready for the implementation and management of sheep production in Negros Occidental, paravet coordinator said Azeneth Dimaandal yesterday.
Elected were Pastor Manolo Panaguiton-president, Ric Lauron-vice president, Alma Poniado-secretary, Rizalde Jalandoni-treasurer, and Noel Magan-auditor.
The members of the board of trustees are Elmar Aries, Charles Garces, Renato Delotavo, and Roylen Beato.