Local governments in China no longer share securities stamp duty revenue
Securities transactions
Beijing - XINHUA
Local governments in China will no longer share revenue from stamp duty on securities transactions from Jan. 1, 2016, according to a statement released by the State Council on Thursday.
Currently, 97 percent of the revenue goes to the central government with 3 percent going to local governments.
The move is to improve fiscal revenue distribution between the central and local governments, the statement said, without giving more details.
GMT 22:05 2016 Friday ,01 January
Indian stocks close higherGMT 21:00 2016 Friday ,01 January
Gulf Arab stocks lose in 2015 on oil slumpGMT 19:03 2016 Friday ,01 January
South-east Asia officially launches common marketGMT 17:24 2016 Friday ,01 January
Finance Ministry to auction T-bills worth EGP 87bn during JanuaryGMT 16:53 2016 Friday ,01 January
CBE, Finance Ministry form joint committee on monetary policiesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:13 2017 Sunday ,23 July
Syrian Army kills, injures Daesh Militants
GMT 10:05 2017 Thursday ,13 July
Egypt, EU discuss boosting energy cooperation
GMT 08:50 2017 Friday ,22 December
Catalans vote in bid to solve independence crisis
GMT 11:18 2017 Thursday ,26 October
One protester shot dead in Kenya poll clashes: police, hospital
GMT 09:55 2019 Monday ,19 August
Live an excellent atmosphere in your career
GMT 01:53 2017 Wednesday ,08 February
Sixteen Emiratis complete first phase of Coastal Seafaring courseGMT 11:00 2012 Friday ,18 May
‘Rotana’ will not give up on George WassoufGMT 09:40 2011 Monday ,15 August
Ex-Zambian leader hospitalized in Namibia
GMT 10:28 2015 Sunday ,28 June
UAE Pavilion’s ‘Sara’s Song’ strikes popular chordGMT 04:37 2012 Tuesday ,15 May
MBC to bring The Voice to the Arab world
GMT 15:25 2016 Thursday ,11 August
Scotland unveils plan to combat Brexit fears
GMT 06:08 2017 Saturday ,08 April
Partly cloudy weather with chance of rain Saturday
GMT 18:27 2016 Friday ,06 May
SNP leader says to form minority government after Scottish parliamentary election
GMT 07:06 2016 Monday ,11 January
'Star Wars' overtakes 'Jurassic World' for third in global sales
GMT 16:20 2017 Wednesday ,16 August
Egypt and Gabon: New prospects for cooperation
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor