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.
- New transportation route fosters trade connectivity between China and Vietnam
- China Internet Civilization Conference to be held in Anhui
- Peach pits becoming eco-friendly carbon alternative
- Newborn deer in Ningxia wows visitors
- Folk song journey event attracts tourists to library
- Anti-corruption watchdog investigates death of Henan official
