Education Cess

Tax Glossary Definition

Education Cess

Education Cess is an additional levy on the income tax collected from taxpayers, specifically meant to fund educational programs and initiatives of the government. It is calculated as a percentage of the income tax payable.

Example: If your income tax payable is ₹10,000, a 4% Health and Education Cess would amount to ₹400, making the total tax payable ₹10,400.

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