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china's top legislature passed the 1 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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