Over 3M workers to gain from higher tax exemption
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Source: The Manila Times
Published: 2026-07-30 02:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Philippines, Tax & Budget, US Politics, Business & Economy
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Snippet:
MORE than 3 million Filipino workers are expected to benefit from the Marcos administration’s proposal to raise the annual personal income tax exemption threshold, a Cabinet official said, even as the government stands to forgo about P60 billion in revenues if the measure is passed by Congress and becomes law.
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