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Rise in tax-free ceiling on balikbayan boxes

MANILA (SE): Bishop Rupert Santos has welcomed a swansong decision by the outgoing administration of Noynoy Aquino to significantly raise the tax exemption ceiling on balikbayan boxes sent home by migrant workers.

After virtually ignoring overseas workers for the bulk of his two terms in office, his administration introduced the more user-friendly policy when he signed into law the Customs Modernisation and Tariff Act on June 1.

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