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Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
what is meaning of education cess?and y is it levied?
 Question Submitted By :: Abc
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 1
Education cess means levied on Tax payable + Surchare .

It will used by Central Government for Education in India.
 
Is This Answer Correct ?    122 Yes 24 No
Shanmuka Rao Goru
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 2
Cess/tax issued for education 
Is This Answer Correct ?    41 Yes 48 No
Raja
 
 
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 3
Education Cess is Charged on Basic Excise Duty @ 2% by
Central Govt for Education Purpose in India.
 
Is This Answer Correct ?    49 Yes 13 No
Basavaraj
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 4
It is governed by central government @ 2% for educational
purpose in India.
 
Is This Answer Correct ?    38 Yes 9 No
Suman
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 5
it is charged by central govt. for the purposes of promoting education in the country(India). @3% on respective incomes of firms/local authorities/cooperative society/ etc.. after charging respective taxes & surcharges. 
Is This Answer Correct ?    54 Yes 15 No
Shailesh Agarwal
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 6
Itis charged by central govt. for the purposes of promoting
education in the country(India). @3% on respective incomes
of firms/local authorities/cooperative society/ etc.. after
charging respective taxes
 
Is This Answer Correct ?    4 Yes 0 No
Satendra Lawaniya
 
  Re: what is meaning of education cess?and y is it levied?
Answer
# 7
It is another means to raise funds by government &
politicians, so that they can go for pleasure trips by
taxing innocent public like me & rest.
 
Is This Answer Correct ?    2 Yes 1 No
Anonymous
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
WHAT IS THE LAST DATE FOR PAYMENT OF TAX OF EXCISE DUTY IN CASE OF ( SSI ) UNIT .   5
"A" is a Registered Dealer of Maharastra State, "B" is a Registered Dealer of Gujrat state and agent of "A", "C" is a Registered Dealer of Gujrat State. "C" ordered "A" to sand goods of certain specification. "A" in his term issues good to "B" to make such goods in the specification desired by "C"."C" sands such goods to "A". "A" raises invoices to "C". Which type of Sale transactions occured in the situation. Alfa-Laval 2
is TDS applicable on Sodexo coupons?   1
Can we take input tax credit on purchasing of table and trolley for business..... ABC 1
is it necessary to make payment to party in the same assessment year after deducting tds   2
what is meaning of Bill Discounting & how it done please explaiin me in detail   1
what is rate of vat in raj.   1
i am newly started cement distribuition company how to maintain salex tax account in tally tnvat format recently its changed @14.5% pease any one post this answer   2
i have a bank statements for a xyz company, how did start Bank Reconciliation Statement, what is the concept of BRS and what is the steps to follow up the BRS. can u told how to do brs in Excel easily. please solve my question.   2
what is surcharge. when it is chargeable. show all information about surcharge   1
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC., Genpact 59
TDS RATE ON SALARY FOR THE A.Y 2010-2011? Exide 9
 
For more Taxation Interview Questions Click Here 
 
 
 
 
 


   
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