Ejercito proposes bill raising tax exemption threshold to ₱600,000

MANILA, Philippines — Senator JV Ejercito has proposed a tax exemption for Filipino workers earning up to P50,000 a month, or P600,000 per year. In a Wednesday statement, the senator noted that his proposed measure, Senate Bill No. 2341, seeks to amend the National Internal Revenue Code by increasing the tax exemption threshold from P250,000 […]...

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