久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>China
       
 

China eases tax burden on poor
By Liu Li (China Daily)
Updated: 2005-10-28 05:41

A revised Personal Income Tax Law was adopted by China's top legislators yesterday, raising the threshold for monthly personal income tax from 800 yuan (US$99) to 1,600 yuan (US$198) a move that will help ease the burden on low-wage earners.

A revised Personal Income Tax Law was adopted by China's top legislators yesterday, raising the threshold for monthly personal income tax from 800 yuan (US$99) to 1,600 yuan (US$198) a move that will help ease the burden on low-wage earners.
Legislators attend a sessiion of the Standing Committee of the National People's Congress at the Great Hall of the People in Beijing October 27, 2005. [Xinhua]

The amendment will become effective next year.

The Standing Committee of the National People's Congress (NPC) approved the amendment during a five-and-a-half-day session, which closed yesterday.

When it comes into force, only a quarter, or 26 per cent, of wage earners are expected to pay personal income tax, Lou Jiwei, vice-finance minister, told a press conference yesterday.

In 1994, China began levying income tax on citizens earning more than 800 yuan, but only 1 per cent of people were earning more than that. Now, about 60 per cent earn that much.

Government takings from personal income tax will drop by 28 billion yuan (US$3.5 billion) annually with the implementation of the new law, Lou said.

The new threshold was raised from 1,500 yuan (US$185) proposed in a draft law revision after a public hearing last month. The hearing, the first organized by the country's top legislature, invited 20 representatives chosen from nearly 5,000 applicants across the country to listen to their views. The move was widely hailed as a good example of heeding public opinion while making legislation.

Twelve of them were for a threshold higher than 1,500 yuan, according to sources with the NPC's Law Committee.

The increased threshold will not have a bearing on foreigners working in China, who pocket 4,000 yuan (US$495) tax-free each month.

But many foreign businessmen and enterprises have been watching with interest as most of their employees are Chinese.

Also during yesterday's session, the NPC Standing Committee voted to approve the UN Convention against Corruption, which was endorsed by the Chinese Government in 2003.

(China Daily 10/28/2005 page1)



Chicken vaccinated in Xiangtai
Lien Chan visits Wolong giant panda research center
Traffic accident kills 5, injures 31 in Chongqing
  Today's Top News     Top China News
 

Hunan girl's death 'not linked to bird flu outbreak'

 

   
 

China eases tax burden on poor

 

   
 

Translate words into action, Vatican urged

 

   
 

China Construction Bank makes flat HK debut

 

   
 

'Red Capitalist' passes away at 89

 

   
 

Wronged man receives compensation

 

   
  Hu: China a 'good neighbour' of ASEAN
   
  Tyco, employees donate to support the disadvantaged
   
  Environment agency blacklisted
   
  Thirteen on trial for human smuggling
   
  Migratory birds pose most serious flu danger
   
  Invading alien rampant across 1/3 of mainland
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 手机国产日韩高清免费看片 | 成年男女拍拍拍免费视频 | 国产三级日本三级日产三 | 日本a级毛片免费观看 | 欧美成人网7777视频 | 免费观看毛片的网站 | 国产精品久久免费视频 | 美日韩黄色片 | 亚洲 欧美 成人 | 久久久久欧美精品网站 | 精品免费久久久久欧美亚一区 | 亚洲一区在线播放 | 国产97在线视频 | 精品成人在线观看 | 日韩国产欧美一区二区三区 | 国产欧美17694免费观看视频 | 日本中文字幕不卡免费视频 | 99久久精品免费看国产高清 | 久久se精品一区二区国产 | 国产一区视频在线播放 | 老师张开腿让我爽了一夜视频 | 人成午夜性刺激免费 | 中文国产日韩欧美视频 | 怡红院在线观看在线视频 | 99久久精品久久久久久清纯 | 亚洲天堂免费在线 | 午夜影院啪啪 | 欧美freesex10一13黑人 | 免费人成在线观看 | 国产美女视频黄a视频全免费网站 | 国产一区二区在线看 | 免费人成网站免费看视频 | 亚洲精品第五页 | 欧美激情 自拍 | 草草国产成人免费视频 | 伊人色综合久久天天人手人停 | 欧美中文字幕在线视频 | 草草影院欧美三级日本 | 女人张开腿让男人桶免费最新 | 欧美大片一级毛片 | a高清免费毛片久久 |