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: 大臿蕉香蕉大视频成人 | 亚洲三级免费 | 欧美日韩在线第一页 | 久久国产免费观看精品1 | 欧美888| a级片免费在线播放 | 亚洲国产美女视频 | 日韩精品一区二区三区高清 | 欧美真人视频一级毛片 | 欧美毛片在线 | 欧美视频一 | 成人18视频在线 | 精品久久久久久国产免费了 | cao美女视频网站在线观看 | 91香蕉国产观看免费人人 | 欧美日韩一区二区在线观看视频 | 男人天堂手机在线 | 欧美做爰xxxⅹ性欧 欧美做爰免费大片在线观看 | 99久久免费看国产精品 | 亚洲 欧美 丝袜 | 久草新免费 | 亚洲欧美网 | 99久久精品无码一区二区毛片 | 欧美日产国产亚洲综合图区一 | 亚洲欧美激情在线 | 欧美一级成人影院免费的 | 美女视频黄视大全视频免费网址 | 国产成人亚洲毛片 | 亚洲国产一区在线 | 9lporm自拍视频在线 | 99r8这是只有精品视频9 | 91精品国产福利尤物免费 | 国产精品外围在线观看 | 亚洲国产免费 | 亚洲天堂免费视频 | aaa大片 | 国产精品亚欧美一区二区三区 | 国产精品亚洲成在人线 | 成年人免费在线视频观看 | 美女张开腿让男人 | 欧美日韩亚洲高清不卡一区二区三区 |