China announces further reduction on individual income tax

Updated: Aug 31, 2023 Xinhua Print

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BEIJING - China will further reduce individual income tax for those who have children to raise or elderly to support, according to a State Council circular issued on Thursday.

News: China's small and micro-sized businesses enjoyed 946.1 billion yuan; China's small businesses enjoy more tax cuts in first nine months; Preferential tax policies to boost home sales; China to adjust or cancel export tax rebates for various products

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China's small and micro-sized businesses enjoyed 946.1 billion yuan

Tax data shows how vital China's economy is in first 8 months

China announces further reduction on individual income tax

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