Surcharge and Education cess

Dear Experts,

           

         can you pls explain for my question.......

what are the effecting points to Surcharge and Education cess in the Budget 2009?

 

Thanks in adv

PRASAD

Replies (7)
  •  surcharge on personal taxation is removed
  • surcharge and cess need not be deducted when doing TDS.

  • Surcharge on income tax on partnership is removed.

No surcharge is payable on total income of Individual.

in case of TDS no surcharge or cess is required to be deducted.

now surcharge is levied only in case of companies ..!

In case of Foreign Remittance Education Cess to be collected and remitted.

is surchrge and cess aplicable while payiing salary??

Dear Hemant,

 

No surcharge on TDS on Salary/Advance Tax;

Edu Cess and Higher Sec Edu Cess is leviable.

 

Thanks

 

1. Surcharge is only applicable in case of payment to foreign company when payment is more than 1 crore.
2. Education cess is applicable only in case of Salary TDS and in case of payment to non-resident or foreign company.

regards,

ratan

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details