Bill Type
Congress Name
Long Title
AN ACT INCREASING THE CEILING FOR TOTAL EXCLUSION OF 13TH MONTH PAY AND OTHER BENEFITS FROM THE COMPUTATION OF TAXABLE INCOME FROM THIRTY THOUSAND PESOS (Php30,000.00) TO SIXTY THOUSAND PESOS (Php60,000.00), THEREBY, AMENDING SECTION 32 OF REPUBLIC ACT 8424 OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997
Short Title
EXCLUSION OF 13TH MONTH PAY/BENEFITS FROM TAXABLE INCOME
Text as filed (link)
Date filed
July 6, 2004
Scope
Legislative Status
Session Sequence No.
1
Session Type
Subjects
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Committee Details
Primary Committee
Legislative History
Entitled: AN ACT INCREASING THE CEILING FOR TOTAL EXCLUSION OF 13TH MONTH PAY AND OTHER BENEFITS FROM THE COMPUTATION OF TAXABLE INCOME FROM THIRTY THOUSAND PESOS (Php30,000.00) TO SIXTY THOUSAND PESOS (Php60,000.00), THEREBY, AMENDING SECTION 32 OF REPUBLIC ACT 8424 OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997 [ First Regular Sesion, 13th Congress ] [ 2004] 7/6/2004 Introduced by Senator RECTO; 9/13/2004 Read on First Reading and referred to the Committee(s) on WAYS AND MEANS;