Section 4
SEC. 4. Section 23 is further amended by inserting a new paragraph between paragraphs (d) and (e) to be known as paragraph (e) and making the existing paragraph (e) as paragraph (f). The new paragraph shall read as follows: “Sec. 23(e). Allowances for Adjustment. Upon the recommendation of the Minister of Finance, the President may, not often than once every three years, adjust the personal and additional exemptions taking into account, among others, the movements in consumer price indices, levels of minimum wages, and bare subsistence levels.”