INQUIRER.net: Tesda dangles tax breaks to trainee-friendly firms

INQUIRER.net Philippine News for Filipinos

Tesda dangles tax breaks to trainee-friendly firms Jan 13th 2013, 19:31 The Technical Education and Skills Development Authority (Tesda) said tax breaks will be given to companies that accept students of technical and vocational courses as trainees.   Tesda Director General Joel Villanueva said Tesda wanted to boost the dual training system (DTS) mandated by law since 1994 under Republic Act No. 7686, which remains insufficiently implemented for various reasons.   The DTS was designed to give tech-voc students hands-on training in the workplace on top of theoretical training in schools.   But many companies reportedly see such training as an additional expense and are not inclined to partner with technical and vocational scho... Keep on reading: Tesda dangles tax breaks to trainee-friendly firms Media files: joel-villanueva.png (image/jpeg)

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