Products from Bago City were the top awardees in the Panaad sa Negros Festival 2008 Trade Fair and Exhibits.

Bago City dominated the Home Accessories and Personal Accessories categories with its coco chandelier and coco bag, respectively. Each award came with a P20,000 cash prize.

Other winners in “Home Accessories” were Toys for Big Boys – Binalbagan, second, P15,000; and Kabankalan City’s lighted wall bamboo divider, third, P10,000, while in “Personal Accessories,” Hinoba-an’s hand-crafted silver jewelries, second, P15,000; and Murcia’s Bululoy necklace and bracelets, third, P10,000.

Tax amnesty
program ends today

Delinquent taxpayers can settle their obligations under the Tax Amnesty Program of the Bureau of Internal Revenue only until today, May 5.

The program, implemented in September last year, covers all internal revenue taxes imposed by the national government for the taxable year 2005 and prior years, with or without assessments duly issued before therefore, that have remained unpaid as of Dec. 31, 2005.

Those qualified will no longer face tax evasion charges if they will pay the BIR the equivalent of five percent of their net worth as of Dec. 31, 2005. The five percent will take the place of their outstanding tax liabilities and interest as of 2005.

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