The Trade Union Congress of the Philippines (TUCP) has thrown its support behind two House bills seeking to exclude from income taxes all overtime and graveyard shift differential pay received by salaried employees, including the country’s 1.1 million business process outsourcing (BPO) workers who perform jobs all day and all night.
The measures will help middle-class families, rev up household consumption, create new demand for the products and services of domestic industries, and stimulate economic growth amid persistent government underspending
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