The section 67 of the Income Tax Ordinance 2001 (Ordinance) provides for allocation of total expenditures of a taxpayer where the income is derived from various sources including income derived under ...

In 2021, the per capita disposable income of residents in China reached 35,128 yuan, a nominal increase of 9.1 percent over the previous year, and a real increase of 8.1 percent after deducting price ...