男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Some 60m out of tax net as new rules take effect

Updated: 2011-09-01 20:06

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - Amended rules on personal income tax came into effect on Thursday, which means about 60 million Chinese will not be taxed on what they earn going forward.

Only 24 million wage-earners will have to pay individual income tax after the amended law raised the monthly tax exemption threshold from 2,000 yuan ($313.2) to 3,500 yuan, according to the Ministry of Finance.

The new law reduces its previous nine-category progressive mechanism to a less-segmented seven-rank system, with tax rates ranging from 3 to 45 percent.

It also cuts the minimum tax rate from 5 to 3 percent for people whose monthly income is between 3,500 and 4,500 yuan.

A woman surnamed Yang who works in Beijing said that, under the amended tax strategy, she will be taxed 30 yuan per month on her monthly taxable income of 4,503 yuan, saving her 220 yuan each month in tax.

"I now pay 2,600 yuan a year less than before, which could be used for taking a short trip," she said.

The new rules benefit lower- and middle-income groups the most, and the 3,500 yuan tax exemption threshold is suitable for now, said Zhang Bin with the Chinese Academy of Social Sciences.

In Beijing alone, the tax revenue of the fourth quarter this year will be 2.6 billion yuan less than the previous quarter, keeping that amount of money in consumers' pockets, according to Beijing Local Taxation Bureau.

The lower- and middle-income groups are likely to spend the windfall, while the consumption of those with higher incomes will not be affected by the new rules; therefore, national spending is likely to go up, said Zhu Jianfang, chief economist of CITIC Securities Co., Ltd.

According to the estimates of Nanjing Securities Co., Ltd., when the monthly tax exemption threshold increases by 1,000 yuan, the spending of urban dwellers will rise by 1.3 to 1.72 percent, and the spending of those living in rural areas will jump by 2.51 to 2.85 percent.

Personal income tax was initiated in China in 1981, with a monthly threshold of 800 yuan. The threshold later increased to 1,600 yuan in 2005 and 2,000 yuan in 2008.

Before the latest tax exemption rules, the government's individual income tax revenue accounted for about 6 percent of its total revenue each year.

主站蜘蛛池模板: 新泰市| 靖江市| 济阳县| 莱阳市| 同江市| 广安市| 陇南市| 武陟县| 南平市| 米易县| 内乡县| 安达市| 临西县| 海兴县| 江口县| 叶城县| 东宁县| 深泽县| 上杭县| 大名县| 克山县| 琼海市| 桐柏县| 和顺县| 通辽市| 封丘县| 澜沧| 嘉义市| 兴义市| 乐清市| 墨竹工卡县| 松江区| 濉溪县| 堆龙德庆县| 商洛市| 灵武市| 东安县| 珲春市| 舟山市| 大埔区| 郧西县| 铁力市| 余姚市| 永和县| 云梦县| 锡林浩特市| 井陉县| 班玛县| 桦南县| 汶川县| 馆陶县| 安乡县| 图片| 昆山市| 高安市| 前郭尔| 友谊县| 铁岭县| 上虞市| 翁牛特旗| 天水市| 巴马| 定兴县| 南阳市| 承德县| 贺州市| 张掖市| 清水河县| 大足县| 大宁县| 临江市| 山东省| 辽宁省| 阳江市| 海原县| 凤山县| 友谊县| 满洲里市| 威远县| 汉阴县| 宁津县| 疏附县|