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Dy, Marcos file bill increasing income tax exemption ceiling to P350,000
Philippine Daily Inquirer

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House Speaker Faustino Dy III and Majority Leader Sandro Marcos filed House Bill No. 10345 to raise the annual tax-free income ceiling from P250,000 to P350,000. The bill was introduced following President Ferdinand Marcos Jr.'s State of the Nation Address.
MANILA, Philippines — House of Representatives Speaker Faustino “Bojie” Dy III and Majority Leader Ferdinand Alexander Marcos have filed a bill that seeks to increase the ceiling for income tax exemptions, from the previous P250,000 annual salary to P350,000.
In a statement on Wednesday, Marcos said that they filed House Bill (HB) No.
10345 in response ...
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