Another bill seeking P350,000 tax-free income filed in Senate

MANILA, Philippines — A new bill seeking to raise the amount of income exempt from tax to P350,000 annually has been filed in the Senate, this time by Sen.

Francis “Kiko” Pangilinan.

Pangilinan filed Senate Bill No.

2344 on July 28, seeking to raise the current P250,000 tax-free threshold to P350,000 and adjust the succeeding ...