Dy thanks Marcos for directing VAT removal on system loss charge

MANILA, Philippines — The removal of the 12-percent value-added tax on allowable system loss charges in electricity will provide direct relief to consumers, Speaker Faustino “Bojie” G. Dy III said in a statement on Monday thanking President Ferdinand Marcos Jr. and concerned government agencies for acting quickly to bring down power costs. “Every peso we can

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.