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what is meaning of secondary & higher education cess.


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Sir among the answers given by different persons, different answers are posted for the same question? regarding calculation of ESI & PF calculation whether on Basic or Gross salary? could u suggest the exact answer from the expert Pls.

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I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma

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