The House ways and means Committee approved the law which aims to increase the tax exemption in Christmas, 13th month and other bonuses aside from the regular salary. Another law is currently being debated which aims to lower income tax.<br /><br />Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews<br /><br />Watch the full episodes of TV Patrol on TFC.TV <br />http://bit.ly/TVP-TFCTV<br />and on IWANT.TV for Philippine viewers, click:<br />http://bit.ly/TVP-IWANTV<br /><br />Visit our website at http://www.abs-cbnnews.com<br />Facebook: https://www.facebook.com/abscbnNEWS<br />Twitter: https://twitter.com/abscbnnews
