Preferential policies for individual income tax
1. According to the current tax law, the provisions for exemption and reduction of individual income tax include:
The bonuses awarded by provincial people's governments, ministries and commissions of the State Council, units above the level of the People's Liberation Army, as well as foreign organizations and international organizations in the aspects of science, education, technology, culture, health, sports, environmental protection, etc., are exempt from individual income tax.
The institutions and organizations for acts of bravery established by the people's governments at or above the town level (including towns), or approved by the competent departments of the people's governments at or above the county level (including counties) with formal structures and charters, or similar organizations...