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30 the country could use monetary policy to support growth and needed to be ready to make adjustments as global economic conditions changed. * The Bangko Sentral ng Pilipinas is widely expected to keep interest rates steady at 4.50 percent for the rest of the year to support growth.

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Under the National Internal Revenue Code (NIRC), all “benefits received from or enjoyed under the Social Security System in accordance with the provisions of Republic Act No.

8282” shall not be included in gross income and shall be exempt from taxation.Extended maternity leave is without pay, but may be charged against any unused leave credits.A pregnant woman member of SSS who has paid at least three monthly contributions in the twelve-month period immediately preceding the semester of her childbirth or miscarriage shall be paid a daily maternity benefit.* Sept annual inflation 4.8 pct matches market forecast * Annual inflation picks up slightly from August’s 4.7 pct * CPI under old yr 2000 base rose 4.6 pct y/y MANILA, Oct 5 (Reuters) - The Philippines’ annual inflation rate in September was 4.8 percent, up slightly from August’s 4.7 percent, the statistics office said on Wednesday, with the rate matching market forecasts.The increase in the consumer price index under the new 2006 base year series compares with analysts’ forecasts of 4.8 percent in a Reuters poll. The index under the old data series with 2000 as the base year rose 4.6 percent, accelerating from the previous month’s rise of 4.3 percent, the agency said.Entitlement to maternity leave under the Labor Code and maternity benefits under the SSS Law applies only for the first four delivery.That payment of daily maternity benefits is a bar to the recovery of SSS sickness benefits for the same period for which daily maternity benefits have been received.If the employer fails to remit the required contributions, or to notify SSS of the time of the pregnancy, the employer shall pay to the SSS damages equivalent to the benefits which said employee member would otherwise have been entitled to.Maternity benefits advanced by employer to employee are excluded from gross income and thus exempt from withholding tax.Young Filipina is a free Philippine only porn site featuring downloadable hardcore Filipina Porn pictures and videos of the hottest teens. Monger snaps pictures of the hottest bargirls from the hottest clubs. Watch beautiful Pinay amateurs, bar girls, and pornstar in hardcore XXX. Monger is a bargirl website featuring the beautiful bargirls of Angeles City, Manila and Cebu, Philippines.

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