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Senate hikes tax exemption for bonuses up to P82,000

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Sen. Sonny Angara: Bill sponsor. INQUIRER file photo

The Senate has approved on second reading a bill that would allow more workers to enjoy their Christmas bonuses in full by raising the tax exemption cap for the 13th month pay and other benefits from P30,000 to P82,000.

Posted: November 20th, 2014 in Latest News Stories,Nation | Read More »

Senate OKs on 2nd reading bill that seeks higher tax-exempt bonuses

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Sen. Sonny Angara: Bill sponsor. INQUIRER file photo

  MANILA, Philippines– A bill that seeks to raise the take-home pay of Filipino workers by increasing the tax exemption cap for their 13th month pay and other benefits from the current P30,000 to P82,000 has been approved by the Senate on second reading.   Senate Bill 2437 has yet to be approved on third […]

Posted: November 19th, 2014 in Latest News Stories,Nation | Read More »

2nd hearing on Iloilo ‘overpricing’ urged

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Iloilo-Convention-Center-Drilon

Refusing to admit that his testimony in the Senate on Thursday was a dud, Manuel Mejorada, the complainant in the plunder case against Senate President Franklin Drilon, on Sunday said the blue ribbon committee should call a second hearing to hear further testimony and receive evidence.

Posted: November 17th, 2014 in Editors' Picks,Headlines,Nation | Read More »

Angara seeks vetting of witnesses in Senate probes

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Senator Juan Edgardo Angara.  INQUIRER.net FILE PHOTO

Anybody appearing in Senate hearings must first do their homework, said Sen. Sonny Angara, who threw his support behind an earlier proposal that these resource persons be made to submit affidavits and supporting documents before testifying before the Blue Ribbon Committee.

Posted: November 16th, 2014 in Latest News Stories,Nation | Read More »

Higher tax-exempt bonuses seen

Senate President Franklin Drilon INQUIRER FILE PHOTO

It may be a merrier Christmas for many workers this year.

Posted: October 23rd, 2014 in Latest News Stories,Nation | Read More »

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