Sotto bill extends coverage of tax-free annual pay to P350,000

WIRE — MANILA, Philippines — Senate President Pro Tempore Vicente Sotto III on Tuesday filed a bill seeking to raise the threshold for annual income tax exemption to P350,000, in accordance with the recommendations made by President Marcos in his State of the Nation Address (Sona) on Monday. Under Senate Bill (SB) No. 2338 or the proposed

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