An Act Granting Tax Incentives to Employers That Hire Fresh Graduates from Provincial Colleges, Universities and Training Centers, Appropriating Funds Therefor and for Other Purposes
The bill would let companies deduct 10 % of a new graduate’s starting salary from their taxable income (up to 10 % of total taxable income) if the graduate comes from a provincial college, university or TESDA‑accredited training center, aiming to boost youth employment.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-1738. Status changes over time; check the link for the latest.
SBN-1738 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.