Sunday, May 3, 2026
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Tag: revenue losses

VAT reduction to hurt gov’t finances—Recto

Department of Finance (DOF) Secretary Ralph Recto warned on Thursday that proposals to lower the value-added tax (VAT) rate could severely damage government finances,...

SSS lists condition before pension hike

State-run Social Security System said it is open to a pension increase if the government and members will agree to a funding mechanism that...
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