Cess being levied on tax amount..
This query is : Resolved
21 April 2014
hello..
can u tell me the reason that why the cess is being leveied on the tax amount??
can u tell me the reason that why the cess is being leveied on the tax amount??
21 April 2014
This is a percentage which is provided for good purpose.
Like in Service Tax- 12.36
So 12% is Tax.
2% is Education Cess(Education cess for those who could not afford it)
1% Higher Education Cess.
If is a process to help the poor peoples in their literacy.
Same is in all other taxes.
Like in Service Tax- 12.36
So 12% is Tax.
2% is Education Cess(Education cess for those who could not afford it)
1% Higher Education Cess.
If is a process to help the poor peoples in their literacy.
Same is in all other taxes.
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