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.
- China's resort airports gear up for busy summer travel season
- China to deepen cooperation in law and judicial administration with Vietnam
- Taiwan night market finds new home in Chinese mainland
- China issues yellow alert for rainstorms
- Tianjin University marks 20 years of advancing synthetic biology in China
- China confronts senior cancer surge with early detection, TCM
