China Reduces Personal Income Tax for Parents of Children under 3
Release time：2024-05-21 20:30:13 Source：Worldly Wisdom news portal
-
Contact Us
- Home
- News
- People
- In-depth
- ACWF
- 2023 Women Science and Technology Innovation Pioneer...
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
China Reduces Personal Income Tax for Parents of Children under 3
March 29, 2022 |
| A child skies with the help of a parent at White Mountain Resort in Fusong, northeast China's Jilin Province, Nov. 19, 2021. [Xinhua/Xu Chang] |
BEIJING, March 28 (Xinhua) — China has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued on Monday.
Starting Jan. 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan (157 U.S. dollars) per month for each baby, said the circular.
The deduction can be applied in full by one parent or can be split evenly, added the circular.
The policy is the implementation of a decision on improving birth policies to promote long-term and balanced population development, which was adopted by the Communist Party of China Central Committee and the State Council in July.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
Photos
Special Coverage
- Previous：Hilarious moment mother asks her Cocker Spaniel to help choose her lottery numbers
- Next：Jude Bellingham's new model girlfriend Laura Celia Valk looks sensational in a figure
Related articles
- Celebrity birthdays for the week of May 26
- Hunan urged to stay committed to reform, innovation
- UN's Gaza resolution welcomed
- Xi hails new chapter of China
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- China to take countermeasures if U.S. imposes visa restrictions on Hong Kong officials: spokesperson
- China to take countermeasures if U.S. imposes visa restrictions on Hong Kong officials: spokesperson
- Xi meets Dutch PM
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- China's UN envoy hailed as he leaves office
- Eleanor Tomlinson puts on a leggy display in sparkly black minidress as she joins co
- '143 people still missing' after Moscow attack
- China strongly opposes Blinken's criticism of Article 23
- Ambassador encourages education exchanges between China and UK
- Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
- Chinese FM again urges U.S. to stop suppressing Chinese students
- Pressure mounts on Israel to spare Rafah
- Leaders call for deeper Sino
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Nations to enhance BRI ties
Random recommendation
- Copyright © 2024 Powered by China Reduces Personal Income Tax for Parents of Children under 3 ,Worldly Wisdom news portal sitemap