Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Individual income tax threshold raised
Adjust font size:

China formally raises its monthly individual income tax levy threshold from the former 1,600 yuan, or about US$225, to 2,000 yuan (US$281)on Saturday, according to a law amendment adopted at the end of last year.

The Xinhua News Agency reported China's top legislature adopted the law amendment on December 29 and it went into effect as of March 1, 2008.

(CRI March 1, 2008)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Income tax revenue grows some 30%
- Gov't raises income tax threshold
Most Viewed >>
- Snow crisis triggers reconstruction boom
- China produces 2.52 bln tons of raw coal in 2007
- Policy bank to gradually go commercial
- Edible oil trade hits 8.6 mln tons in 2007
- Online game market hit 12.8 bln yuan in 2007

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?