Tags / Income tax
Income tax
Measures (2)
SBN-2137bill · in_committee
INCREASING THE INCOME TAX EXEMPTION CEILING FOR INDIVIDUAL TAXPAYERS
This bill proposes to increase the income tax exemption ceiling for individual taxpayers from ₱250,000 to ₱360,000 annually, aiming to provide financial relief amid rising inflation and stagnant wages.
SBN-267bill · in_committee
INCREASING THE INCOME TAX EXEMPTION CEILING FOR INDIVIDUAL TAXPAYERS
This bill proposes to increase the income tax exemption ceiling for individual taxpayers from ₱250,000 to ₱480,000 annually, aiming to provide tax relief and adjust for inflation.