According to the Shanghai Municipal Government’s official WeChatpost, childcare leave will be calculated on the basis of the number of children born. Childcare leave can be taken in over multiple consecutive days or on separate days, but in principle, it should be used during the current year...
Eligibility for both subsidy schemes is based on the household’s total taxable earnings and capital income,Footnote 8 which is documented by the tax return information for the previous calendar year. We illustrate the means-tested scheme for parental prices in Fig. 1. First, PMAX is the ...