Manila, Oct. 9 -- Malacanang on Thursday said the government will carefully study a proposal of Senator Erwin Tulfo to grant a one-month tax holiday to help boost public confidence and ease the burden on Filipinos amid corruption investigations.

Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Secretary Frederick Go said the measure must undergo a thorough review by the Department of Finance (DOF) and the Department of Budget and Management (DBM) before any decision is made.

"Bagong-bago po ito. Kailangang pag-aralan ito nang mabuti ng Department of Finance at ng DBM po(This is a new proposal. It must be studied carefully by the DOF and the DBM). This is quite a big matter, and I think it's best to give th...