Hong Kong Second Day of Chinese Lunar New Year

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Category:  Holidays
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Date: Feb 11, 2024
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Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners

Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners

Hong Kong Financial Secretary Paul Chan on Wednesday scrapped measures intended to cool the property market, and raised the tax on high income earners to plug the hole in the budget. In the Budget Speech, Chan estimated economic growth of 2.5- 3.5 percent in 2024 after posting an expansion of 3.2 percent in 2023.

RTTNews | 66 days ago

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