HB 10375

An Act Strengthening the Purchasing Power of Filipino Taxpayers by Increasing the Tax-Exempt Annual Taxable Income Threshold, Expanding the Tax-Exempt Ceiling for Thirteenth (13th) Month Pay and Other Benefits, Amending for the Purpose Sections 24(A)(2) and 32(B)(7)(E) of the National Internal Revenue Code of 1997, as Amended, and for Other Purposes