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President Arroyo is ready to sign into law the bill removing the cap on the amount of input value-added tax that can be credited against the output VAT by industries, Malacañang said yesterday.


Presidential Political Adviser Gabriel Claudio said the Office of the President had received the enrolled copy of the bill and a formal signing ceremony would be set soon.


Aside from the VAT measure, Mrs. Arroyo will also sign the bill creating the rank of first chief master sergeant in the Armed Forces of the Philippines.


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HOUSE DEPUTY SPEAKER ERIC SINGSON

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President Arroyo is ready to sign into law the bill removing the cap on the amount of input value-added tax that can be credited against the output VAT by industries, Malacañang said yesterday.


Presidential Political Adviser Gabriel Claudio said the Office of the President had received the enrolled copy of the bill and a formal signing ceremony would be set soon.


Aside from the VAT measure, Mrs. Arroyo will also sign the bill creating the rank of first chief master sergeant in the Armed Forces of the Philippines.


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abtest

Alcala urges local farmers to continue planting tobacco

By Teddy Molina | August 7, 2011 - 12:00am

Agriculture Secretary Proceso Alcala said he is in favor of allowing farmers to continue planting tobacco as there are several uses for the tobacco leaf other than making cigarettes.

Agriculture

New law imposes log ban in Negros district

By Paolo Romero | November 5, 2009 - 12:00am

President Arroyo has signed into law Republic Act 9741, which strictly imposes a logging ban in the third district of Negros Occidental.

Nation

Government officials, tobacco farmers hold festival

April 6, 2009 - 12:00am

CANDON CITY, Philippines – Top executives of tobacco buying companies, cigarette manufacturing firms and the National Tobacco Admnistration (NTA) headed by Administrator Carlitos Encarnacion joined House Deputy...

Business

Region 1 execs unite vs cigarette tax plan

August 25, 2008 - 12:00am

Nation

Palace: GMA ready to sign amended VAT law

By Aurea Calica | November 8, 2006 - 12:00am

President Arroyo is ready to sign into law the bill removing the cap on the amount of input value-added tax that can be credited against the output VAT by industries, Malacañang said yesterday. Presidential...

Headlines