Tax Alert No. 24 [Revenue Memorandum Circular (RMC) No. 76-2023 dated 6 July 2023]

19 Jul 2023

Circularizing the New Daily Minimum Wage Rates in Certain Sectors/Industries under the National Capital Region as Prescribed by Wage Order No. NCR-24

Please be informed that RMC No. 76-2023 has been issued to circularize Wage Order No. NCR-24 which took effect on 16 July 2023.

Under the Wage Order, the basic wage per day of minimum wage earners (“MWEs”) in the private sector in NCR shall be increased by forty pesos (PHP40). Accordingly, the new daily minimum wage rates in NCR shall be as follows:



Current Minimum Wage Rates

New Wage Increase

New Minimum Wage Rates





Agriculture (Plantation and Non-plantation)

Service/Retail establishments employing 15 workers or less

Manufacturing establishments regularly employing less than 10 workers

PHP533 PHP40 PHP573

Said wage increase shall be for the normal working hours not exceeding eight (8) hours per day and shall apply to all MWEs in the private sector within NCR regardless of their position, designation, or status and irrespective of the method by which their wages are paid.

Failure to pay the prescribed wage increase by any liable person or entity shall be subject to the provisions of Section 12 of RA No. 6727, as amended by RA No. 8188.

You may access the full version of this Circular through the BIR website.

For any inquiry or request for assistance, please feel free to contact anyone from our Tax Services group. You may also reach us through this link

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Lyn Golez-Geronan

Lyn Golez-Geronan

Tax Librarian, PwC Philippines

Tel: +63 (2) 8845 2728