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