Education cess on salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 May 2015 Hi

Suppose one person Gross salary is Rs.150000 per month . on april i deduct 10% tds on salary i.e. Rs.15000. now in Rs. 15000 how i can find education cess . plz let me solve on urgent basis ..

07 May 2015 You can back work considering it inclusive of education cess. 14563 income tax and 437 is education cess.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 May 2015 can u tell me the formula

08 May 2015 It is 15000/1.03........


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