Last year, the third plenary session of the 20th Central Committee of the Communist Party of China proposed to improve the ...

To be able to claim income tax deduction for FY 2024-25, taxpayers must invest in a tax saving scheme given in the relevant sections of Income Tax Act prior to March 31 Income Tax: Investors are ...

it reduces the U.S. withholding rate considerably in return for lower rates on interest and dividends earned by Americans abroad. Those lower foreign rates allow Washington to tax more of that income ...

China has repeatedly pledged to make the consumer sector a more prominent driver of economic growth but is yet to implement any structural policy changes to achieve this. Analysts say potential costs ...

What are the preferential individual income tax policies in Hainan FTP? High-end and in-demand talent working in the Hainan FTP are exempt from paying IIT on the portion of their income in excess of ...