Tags / Labor Expenses
Labor Expenses
Measures (2)
SBN-1622bill · in_committee
MICRO SMALL AND MEDIUM ENTERPRISES (MSMES)
This bill aims to provide temporary tax relief to micro, small, and medium enterprises (MSMEs) by exempting them from income tax for three years and allowing an additional 25% deduction on labor expenses for each employee hired.
SBN-230bill · in_committee
TAX RELIEF TO MICRO, SMALL AND MEDIUM ENTERPRISES
This bill aims to provide temporary tax relief to micro, small, and medium enterprises (MSMEs) by exempting them from income tax for three years and allowing a 25% deduction on labor expenses.