The National People's Congress

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The number of people who have to pay personal income tax will reduce from 8.4 million to 2.4 million after China raised the monthly personal income tax threshold,christian louboutin pas cher, The Beijing News reported Friday,doudoune moncler, citing a senior official.
2011-07-01 10:02
The National People's Congress (NPC) said on June 30 that it would raise the monthly personal income tax threshold to 3,Louboutin chaussure pas cher,500 yuan ($542) from the current 2,000 yuan and the adjustment will take effect on Sept 1.
That means about 60 million people will be exempt from paying any personal income tax after the amendment, said Wang Jianfan,louboutin, deputy director of the tax policy department at the Ministry of Finance,Moncler outlet, at a news conference on Thursday.
The previously proposed threshold was 3,Giubbotti Moncler,000 yuan, but after public opinion was solicited by the NPC,moncler quciny, it was lifted to 3,500 yuan.
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