A number of new regulations will be implemented in October! The first one is closely related to you

category:Finance
 A number of new regulations will be implemented in October! The first one is closely related to you


The Ministry of culture and tourism recently issued the Interim Provisions on the management of online tourism business services, which will come into effect on October 1. Article 15 clearly stipulates that online tourism operators shall not abuse big data analysis and other technical means to set unfair trading conditions based on tourists consumption records and tourism preferences to infringe upon tourists legitimate rights and interests.

The regulation also requires that online tourism operators should protect the legitimate evaluation rights of tourists, and should not arbitrarily block or delete tourists evaluation of their products and services, nor mislead, entice, replace or force tourists to make evaluation. The evaluation made by online tourism operators should be preserved and made public to the public.

Here comes the implementation regulations of the budget law of the peoples Republic of China

The State Council recently announced the revised regulations for the implementation of the budget law of the peoples Republic of China, which will come into force on October 1, 2020.

Liu Kun, Minister of finance, said recently that the budget law has formed a new standard for budget management, providing a detailed and practical basis for revising the regulations. The main modifications include the following seven aspects:

Further clarify the scope of government budget revenue and expenditure and the content of preparation, and make the government budget system more clear and complete;

Further standardize the department budget management, improve the integrity of budget preparation;

Further strengthen local government debt management to prevent debt risk;

We should further improve the transfer payment system and standardize the fiscal relations among governments;

Further deepen the budget performance management, improve the efficiency of the use of funds;

We will further increase the publicity of budget information and enhance the transparency of the budget.

Safe standardizes administrative penalty procedures of foreign exchange administration departments

The State Administration of foreign exchange recently issued the measures for administrative penalties of the State Administration of foreign exchange (hereinafter referred to as the measures) to standardize the administrative penalty procedures of foreign exchange administration departments and further protect the legitimate rights and interests of citizens, legal persons and other organizations, which will come into force on October 1, 2020. There are eight chapters and 83 articles in the punishment measures, which focus on the following three aspects: first, standardizing the working procedures of administrative penalties on foreign exchange; second, strengthening the restriction and supervision of the power of administrative penalty; third, fully protecting the legitimate rights and interests of the parties concerned.

Measures for supervision and administration of sales agencies of public offering securities investment funds

Effective from October 1

China Securities Regulatory Commission (CSRC) recently issued the measures for the supervision and administration of sales agencies of publicly offered securities investment funds and the supporting rules, which will come into effect on October 1, 2020.

It is not allowed to dump, stack or scatter pesticide packaging wastes without authorization

The Ministry of agriculture and the Ministry of ecological environment jointly issued the management measures for the recycling and treatment of pesticide packaging wastes (hereinafter referred to as the measures), which has five chapters and 23 articles, and will come into effect on October 1.

Local policy

Beijing: adjustment of tax payment period and reform of tax declaration method

On September 11, Beijing taxation officially issued the announcement on the implementation of comprehensive declaration: since October 1, 2020, when taxpayers need to declare and pay one or more taxes among enterprise income tax (prepayment), urban land use tax, real estate tax, land value-added tax and stamp tax, they can choose comprehensive declaration. The comprehensive declaration is mainly applicable to the enterprises that pay the enterprise income tax in advance on a quarterly basis according to the actual profit amount, and temporarily does not cover the enterprises that pay in advance on a monthly basis, the enterprises that have been approved to collect taxes, and enterprises that pay taxes on the basis of cross regional operations. Taxpayers can make comprehensive declaration through Beijing Electronic Taxation Bureau. In addition, stamp duty is levied on a quarterly or per visit basis. If quarterly taxation is adopted, the taxpayer shall declare and pay tax within 15 days from the end of the quarter.

Beijing: implementing three new policies to reduce the burden of medical insurance

Recently, the Beijing Municipal Medical Insurance Bureau issued three new policies to reduce the burden, including bringing six kinds of diseases such as severe mental illness into the scope of special diseases in the citys medical insurance outpatient service; increasing the reimbursement varieties for outpatient treatment of malignant tumor and renal dialysis; and paying a fixed proportion for nine kinds of valuable drugs, such as rosahistat capsule, to further reduce the drug burden of the masses. The new policy will be formally implemented on October 1, and will be applicable to urban employees, urban and rural residents and other insured personnel.

Zhejiang:

In addition, Zhejiang province implements quota management on large amount cash withdrawal in four industries, including wholesale and retail, automobile sales, real estate sales and construction industry. The daily accumulative limit standards are 600000 yuan, 600000 yuan, 1.5 million yuan and 3 million yuan respectively. In principle, banking institutions shall not handle the cash withdrawal business above the limit. If it is necessary to do so, it can be handled only after the withdrawal purpose and other relevant supporting materials have been examined and approved at different levels.

The measures for optimizing the business environment of Hubei Province has been deliberated and adopted at the executive meeting of the provincial peoples Government on August 17, 2020, and will come into force on October 1, 2020. The measures pointed out that peoples governments at all levels and relevant departments should protect the autonomy of market entities, property rights and other legitimate rights and interests according to law, and protect the personal and property safety of producers and operators. No unit or individual may interfere with pricing, internal governance, business model and other matters that should be decided by the market subject independently according to law, shall not apportion the market subject in any form, or illegally enforce administrative coercion or other acts that infringe upon the legitimate rights and interests of the market subject and its operators.

Shenzhen: compulsory implementation of waste classification

Shenzhen municipal solid waste classification management regulations was formally implemented on September 1, Shenzhen garbage classification officially entered the mandatory era. As of 17:00, September 1, Shenzhen city management departments at all levels have issued 323 rectification notices. It is understood that September is the warning period, and from October, Shenzhen will formally impose penalties on violations of the regulations.

Shenzhen: the first Free Trade Zone legislation in China

Recently, the regulations on Qianhai Shekou pilot free trade zone of Shenzhen Special Economic Zone and the regulations on Qianhai Shenzhen Hong Kong modern service industry cooperation zone of Shenzhen Special Economic Zone were adopted at the 44th meeting of the Standing Committee of the sixth Shenzhen Municipal Peoples Congress and will be implemented on October 1, this year. The promulgation of the two regulations has given the Qianhai area more rights to try first.

Xian: leasing transaction funds will be supervised from October

Luoyang:

Henan: realize the unified collection and expenditure of endowment insurance funds at the provincial level. Recently, the peoples Government of Henan Province printed and issued the notice on standardizing and improving the provincial overall planning system of basic endowment insurance for enterprise employees, pointing out that from October 1, 2020, the provincial unified income and expenditure of endowment insurance fund will be realized, and the regional fund burden will be reasonably balanced to ensure that the basic pension for enterprise retirees is paid in full and on time. It is clear in the notice that a standardized and unified endowment insurance system should be established in the whole province to realize the unification of endowment insurance policy, fund revenue and expenditure management, fund budget management, responsibility sharing mechanism, information system, handling management service, incentive and restraint mechanism, etc. In the future, all localities shall not issue endowment insurance policies on their own, and shall not increase treatment items or raise treatment standards without authorization. Tokyo Stock Exchange to suspend trading all day tomorrow announced recovery time National Day travel difficulties: B & B one room hard to get ticket booking volume exceeds the same period last year! Li Jiacheng once again increased his holdings in Changshi group, which has increased 73 times this year_ NF4368

Henan:

Realize the unified income and expenditure of endowment insurance fund at provincial level

Recently, the peoples Government of Henan Province issued the notice on standardizing and improving the provincial overall planning system of basic endowment insurance for enterprise employees, pointing out that, from October 1, 2020, the provincial unified collection and expenditure of endowment insurance funds will be realized, and the burden of regional funds will be reasonably balanced to ensure that the basic pension for enterprise retirees is paid in full and on time. It is clear in the notice that a standardized and unified endowment insurance system should be established in the whole province to realize the unification of endowment insurance policy, fund revenue and expenditure management, fund budget management, responsibility sharing mechanism, information system, handling management service, incentive and restraint mechanism, etc. In the future, all localities shall not issue endowment insurance policies on their own, and shall not increase treatment items or raise treatment standards without authorization.