related to net taxable income

this is a cess that is collected in order to enable the government to run education programs and schemes that can help improve the quality and access to education in the country. The money that has been collected by the government is earmarked for the following expenses:

The cess is used to provide students with the mid-day meals.

It is also used for setting up government aided schools and colleges.

The staff of the government schools and colleges are also paid their salaries using this money.

The government can also use this money to set up education loans that are provided at lower rates to students to help them pay the fee for higher education.

It can also be used to fund special schemes like the Rashtriya Madhyamik Shiksha Abhiyan that aims at making secondary education more accessible.

The money may also be used to fund premier institutes like IIT and IIM in the setting up of more branches in states that still don’t have access to these institutes.

If the government plans on expanding the number of educational facilities for children, then the money collected as education cess can be used to fund the programs.