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China's top legislature passed the amendment1 to the personal income tax law on Friday, raising minimum threshold for individual income tax from 3,500 to 5,000 yuan per month, or 60,000 yuan per year.
中国最高立法机构周五通过了个人所得税修正案,将个人所得税最低起征标准从3500元每月提高到5000元每月或60000元每年。
The new threshold would come into effect on Oct 1.
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