Day

// December 9, 2013
DEC
09
2013

Recto seeks higher tax exemption ceiling for 13th month pay, Christmas bonuses

Senate President Pro-Tempore Ralph G. Recto has filed a measure seeking to increase the cap imposed by law on the amount of 13th Month Pay, Christmas bonus and other benefits exempted from income tax. Present laws exclude the mandated 13th Month Pay and the Christmas bonus from
COMMENT Off