first_imgJury of 7 men, 5 women selected for Weinstein rape trial Jiro Manio arrested for stabbing man in Marikina Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Winfrey details her decision to withdraw from Simmons film MOST READ Steam emission over Taal’s main crater ‘steady’ for past 24 hours Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Kai Sotto makes Gilas debut in the Filoil Preseason cup. Photo by Tristan Tamayo/INQUIRER.netKai Sotto made his much-awaited preseason debut and the Gilas cadets escaped University of the East, 63-61, for a rare win in the Filoil Flying V Preseason Cup Tuesday night.Sotto was the center of attention and did not disappoint with a couple of dunks and blocks to finish with five points, three rebounds and two blocks, making the most out of his 13 minutes of action.ADVERTISEMENT The 7-foot Sotto may not have produced eye-catching numbers, but his stats did not show how big of a role he played for the young Nationals.“Isn’t it great to be a 7-footer. Aside from his frail body, I think he’s a smart player. He knows what’s happening. For a 17-year-old, I think he knows what’s happening and that’s surprising,” said Gilas coach Jong Uichico after his squad’s second win in seven games.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“He played the whole fourth quarter and most of the fourth quarter he did not make a mistake mentally. Physically, maybe but mentally I did not see him make a mental mistake,” he added. “So I think he’s a smart player and the only thing he’s lacking is the physical attributes and he’s such a young player.”Abu Tratter led Gilas with 13 points while also doing the dirty work while Juan Gomez De Liaño sank the go-ahead layup with 1:03 left to end up with five points, 10 rebounds and four assists, including a pair of lob passes to his fellow Fighting Maroon Ricci Rivero. Don’t miss out on the latest news and information. center_img Dave Chappelle donates P1 million to Taal relief operations Sports Related Videospowered by AdSparcRead Next For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Gomez De Liaño completed a 13-0 run as the Red Warriors were held to just four points in the final frame.Rivero did a little bit of everything, collecting eight points, nine rebounds, two assists, three steals and two blocks.UE guard Alvin Pasaol led all scorers with 22 points but shot 7-of-28 from the field. The Warriors slipped to 1-2.ADVERTISEMENT In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Volcano watch: Island fissures steaming, lake water receding Kane named England’s World Cup captain China population now over 1.4 billion as birthrate falls View commentslast_img read more


first_imgExecutives of the Guyana Manufacturing and Service Association (GMSA) recently met with the Guyana Revenue Authority (GRA) with the aim of reviewing tax measures. Through an official release, the body highlighted that it engaged GRA Commissioner General Godfrey Statia on the impact several Value Added Tax (VAT) measures have on the manufacturing sector.The GMSA was led by its President, Shyam Nokta and including board member Ramesh Dookhoo and chair of the Forestry and Wood Processing Sub-Sector Rafeek Khan. They met with the GRA team on August 16, 2018.This meeting followed the GMSA already registering several concerns to Finance Minister Winston Jordan in June this year regarding the impact of the amendment to the VAT Act in January on some sections of the manufacturing sector withGMSA President, Shyam Noktaspecial focus on exports.According to the GMSA, the amendment contradicted what Minister Jordan said in his budget speech. The GMSA held that the forestry and wood processing sector are affected by VAT which it says serves as a dis-incentive to producers who primarily manufacture for export.“It comes at a time when the forestry and wood processing sector is facing several challenges, including the deplorable state of interior roads and when there is strong push for more value adding to target external markets,” the manufacturing body noted.According to the release, the Commissioner General indicated that in keeping with the Minister’s pledge of no new taxes, the Amendment was intended to improve administrative efficiency of VAT administration that GRA is exploring ways to address the issue and requested that the GMSA explore other avenues with as opposed to “making broad statements”.The GMSA however, said that VAT is adversely impacting key economic sectors. It said too that it took the opportunity to raise other issues pertaining to tax administration, including the implementation of the new scanner system and processing times.The body said that it put forward a request for incentives for manufacturers inGRA Commissioner General Godfrey Statiarelation to energy and renewable energy technologies, in addition to a list of procedural issues relative to facilitating the smooth flow of businesses.The body also addressed the excise duty on Indigenous wines in keeping with the Government-stated policy of incentivising local manufacturing in addition to the excise taxes on Shandy whereby the current structure is not in line with other Caribbean territories which “disadvantaged Guyana’s producers”. The GMSA said it remains hopeful that the GRA will give active consideration to the issues raised and make recommendations to the Finance Minister on the way forward.last_img read more