Day

// February 12, 2015
FEB
12
2015

Recto thanks president for signing 13th month pay tax exemption

Senator Ralph Recto today thanks the President for signing the bill adjusting the ceiling of the 13th month pay and other benefits excluded from the computation of gross income tax, from P30,000 to P82,000. “The law is meant to provide economic relief to workers both private and
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FEB
12
2015

RA 10653: Increasing the Tax Exempt Ceiling on 13th Month Pay and Other Benefits

Republic of the Philippines Congress of the Philippines Metro Manila Sixteenth Congress Second Regular Session Begun and held in Metro Manila, on Monday, the twenty-eighth day of July, two thousand fourteen. [REPUBLIC ACT NO. 10653] AN ACT ADJUSTING THE 13TH MONTH PAY AND OTHER
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