Nd Other Relevant Information Related To Gocc Debts Quot It Aims Streamline The Goccs 39 Data Reporting Process Through Paperless And Direct Input From This Provides Us Witha Comprehensive Set Of Debt About Liabilities Better Assist Dof In Its Analysis Formulation Financial Strategies For These State Run Corporations News Today : Breaking News, Live Updates & Top Stories | Vimarsana
DOF Secretary Carlos Dominguez III (file photo) MANILA - The Department of Finance (DOF) under Secretary Carlos Dominguez III has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient to better serve the public and improve its oversight functions and policy-making processes. Dominguez said these modernization initiatives include the enhancement of the DOF's Tax Exemption System (TES), which was replaced by the web-based TESlite to make it easier and more convenient for importers to apply for tax and duty exemptions with the Department's Revenue Office. "These digitalization initiatives include heightened security measures to make our systems safe from malware and possible cyber attacks," he said. Dominguez said the DOF has also put in place the GOCCs (Government-Owned and -Controlled Corporations) Liabilities and Monitoring System or GLaMS, which is an enhanced web-based system for the