The National Convention releases new benefits: the actual tax burden on personal pension income is reduced from 7.5 percent to 3 percent


2022-09-28: [Chinese Article Link] The level of individual pension tax benefits, which are of interest to all sectors of the population, has been established. On 27 September, the Prime Minister of the State Council, Li Keqiang, presided over the State Council's Standing Meeting on 26 September, which stated that individual pensions


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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The National Convention releases new benefits: the actual tax burden on personal pension income is reduced from 7.5 percent to 3 percent


2022-09-28: [Article Link] The level of individual pension tax benefits, which are of interest to all sectors of the population, has been established. On 27 September, the Prime Minister of the State Council, Li Keqiang, presided over the State Council's Standing Meeting on 26 September, which stated that individual pensions

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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