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.
- Agarwood exhibition steeps Shanghai museum in fragrance
- The Fujian Coast Guard conducts regular law enforcement patrol in the waters near Jinmen
- IP protection for new fields to improve
- Draft rules define premade dishes in consumer interest
- Self-powering pacemaker could last a lifetime
- China intensifies crackdown on misuse of personal data
