Wednesday, 15 October 2025, 2:09 am

    Tag: VAT

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    Graft trial of former ARTA chief Belgica to move forward — Sandiganbayan

    The Sandiganbayan has ordered the graft trial of former Anti-Red Tape Authority (ARTA) chief Jeremiah Belgica and four other former officials to proceed, rejecting their appeals to halt the case.

    Recto warns against trimming VAT rate

    Finance Secretary Ralph Recto on Tuesday cautioned senators against approving a proposal to cut the value-added tax (VAT) rate from 12 percent to 10 percent, warning that such a move could significantly increase government debt and risk a credit rating downgrade.

    UAE delegation visits BSP under knowledge exchange program

    A high-level delegation from the United Arab Emirates (UAE) visited the Bangko Sentral ng Pilipinas (BSP) as part of the "Philippine Government Experience Exchange Retreat" held recently.

    Marcos leads launch, inspection of infrastructure in Ilocos

    President Ferdinand R. Marcos Jr., along with Department of Public Works and Highways (DPWH) Secretary Vince Dizon, visited Cagayan on Tuesday to inaugurate and inspect major infrastructure projects aimed at improving traffic mobility, flood control, and irrigation in the region.

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