PHOTO RELEASE: Pension Reforms, Lowering VAT

Pension Reforms, Lowering VAT: Senator Jinggoy Ejercito Estrada inquired about Finance Secretary Ralph Recto’s position on the proposed Military and Uniformed Personnel (MUP) pension reform bill and a measure to reduce the 12% value-added tax (VAT) rate to 10%. Recto stated that the MUP bill would cost the government an additional ₱141 billion over three…
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