The TRAIN, or the Tax Reform for Acceleration and Inclusion Law (Republic Act No. 10963), provided some relief or good news to us, taxpayers. It lowered the 20 percent deficiency and delinquency interests to double the legal interest for loans or forbearance of money as set by the Bangko Sentral ng Pilipinas. Since the current legal interest is 6 percent, the interest applicable was reduced to 12 percent per annum.