Ernesto F. Herrera
Sen. Ralph Recto recently filed Senate Bill 256, which seeks to raise the tax exemption ceiling of bonuses to P75,000, up from the present P30,000 set by law (Republic Act 7833) some 30 years ago.
Sen. Ralph Recto recently filed Senate Bill 256, which seeks to raise the tax exemption ceiling of bonuses to P75,000, up from the present P30,000 set by law (Republic Act 7833) some 30 years ago.