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1. Clause 1 of Article 6 is hereby amended and as follows: The taxable amount for monthly income from wages and salaries shall be the balance after deduction of RMB3,000 from the monthly income. At the sametime, the note to "Individual Income Tax Rates - Schedule 1" is also amended accordingly.
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4. The "Individual Income Tax Rates - Schedule 2" is hereby amended as follows (Applicable for income from production and business operations of individual industrial and commercial housholds and income from contract and leasing operations of enterprises and institutions):
| Grade |
Annual Taxable Income |
Tax Rate（%） |
| 1 |
RMB15000 or less |
5 |
| 2 |
The part exceeding 15,000 and up to 30,000 |
10 |
| 3 |
The part exceeding 30,000 and up to 60,000 |
20 |
| 4 |
The part exceeding 60,000 and up to 100,000 |
30 |
| 5 |
The part exceeding 100,000 |
35 |
(Note: The annual taxable income mentioned in this table refers to the balance of the gross amount in a tax year after deducting costs, expenses and losses in accordance with the provisions of Article 6 of this Law.)
This amendment takes effect on.
The Individual Income Tax Law of the People’s Repubic of China will be revised in accordance with this amendment.
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