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what do u mean by educaton cess & how it is calculated at
what rate and were it is used?

Answers were Sorted based on User's Feedback



what do u mean by educaton cess & how it is calculated at what rate and were it is used?..

Answer / sowmya

education cess is the amount deducted from all the tax
payers at the rate of 3% of their tax payable, and this
amount is utilised to educate thechildren who are below
poverty line.

Is This Answer Correct ?    3 Yes 2 No

what do u mean by educaton cess & how it is calculated at what rate and were it is used?..

Answer / vishnu vardhan

It is also one type of deduction to employees and it is
deducted from total income and the calculate percentage is 2%

Is This Answer Correct ?    1 Yes 3 No

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