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.
- Bonded by Blood: Remembering foreign heroes who fought with China
- What they say
- Digital tech helps link countries, boost trade
- SCO Summit to chart development blueprint
- China's 2025 summer box office surpasses 2024 as domestic films take the lead
- China targets online abuse of military veterans ahead of V-Day
