NWPC lauds signing of tax exemption law
The National Wages and Productivity Commission lauded the signing into law of Republic Act 9504 or An Act Amending Sections 22, 24, 34, 35, 51, and 79 of RA 8424 or the National Internal Revenue Code of 1997.
RA 9504 provides that minimum wage earners shall be exempt from the payment of income tax. Said exemption also extends to holiday pay, night shift differential, hazard pay and overtime pay of minimum wage earners....more
NCR Wage Order takes effect June 14, 2008
The National Wages and Productivity said that the new wage hike for minimum wage workers in the private sector in the National Capital Region (NCR) took effect Saturday, (June 14, 2008). ....more
Regional Boards complete wage issuance
The National
Wages and Productivity Commission said that the wage
boards have completed their wage deliberations and granted
wage hikes to the minimum wage workers in the private
sector...more