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.
Related articles:
Related suggestion:
Victoria Beckham shows off her chiselled face and flawless skin as she shares her trusty makeCara Delevingne keeps it casual in white tBrewers LHP Robert Gasser expected to make MLB debut against Cardinals on FridayJapanese game maker Sega Sammy sells resort to US fundRockies break loose for 7 runs in the 4th inning, beat Giants 9Maui to hire expert to evaluate county's response to deadly wildfireVick Hope shows off her long legs in a summery pink mini dress as she departs BBC studiosWatch the hilarious moment Prince William laughs off a woman shouting 'Can I have a kiss, William?'Crying babies ruined my fancy dinner with my husbandIsraeli army carries out airstrikes on eastern Rafah
2.4991s , 6512.2734375 kb
Copyright © 2024 Powered by China Reduces Personal Income Tax for Parents of Children under 3 ,Worldly Wisdom news portal