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: 亚洲天堂在线观看视频 | 久久精品在线观看 | 性xxxx奶大欧美高清 | 韩国免费播放一级毛片 | 久久精品国产一区二区三区日韩 | 午夜成年女人毛片免费观看 | 国产在线观看一区二区三区四区 | a毛片成人免费全部播放 | 日本aaaa片毛片免费 | 黄色三级网 | 蜜桃日本一道无卡不码高清 | 国产波多野结衣中文在线播放 | 欧美午夜视频 | 欧美日韩另类视频 | 97超级碰碰碰免费公开在线观看 | 69中国xxxxxxxx18 | 久久国产国内精品对话对白 | 国产亚洲精品九九久在线观看 | 特黄特色三级在线播放 | 国产一区视频在线播放 | 日韩欧美高清在线 | 黄录像欧美片在线观看 | 国产精品欧美一区二区在线看 | 日韩字幕一中文在线综合 | 精品视自拍视频在线观看 | 国产婷婷一区二区三区 | 亚洲精品欧美精品中文字幕 | 日韩亚洲成a人片在线观看 日韩亚洲精品不卡在线 | 日本免费一级 | 国产无限制自拍 | 久久国产精品一国产精品 | 欧美一级毛片兔费播放 | 国产成人精品一区二三区在线观看 | 国产精品久久久久久久久久直 | 精品国产一区二区三区久久 | 日韩精品一区二区三区免费视频 | 国产视频久久久久 | 亚洲无吗 | 国产精品久久久久影院色老大 | 日本尹人综合香蕉在线观看 | 久草视频福利在线 |