China adopts new personal income tax law
chinadaily.com.cn |
Updated: 2018-08-31 15:19
Share
Share - WeChat
China's top legislature passed the amendment to the personal income tax law on Friday, raising minimum threshold for individual income tax from 3,500 to 5,000 yuan per month, or 60,000 yuan per year.
The new threshold would come into effect on Oct 1.
- Former senior official of Ningxia sentenced to death
- Development program narrows urban-rural gap in Guangdong
- Wuxi Winter Bazaar creates cross-cultural gathering
- Expressway service area featuring a natural hot spring to open soon in Guangdong
- Former Ningxia political advisor sentenced to death for bribery
- Former senior official of Jiangxi expelled from CPC
