Decoding education cess: 2% primary education cess and 1% secondary & higher education cess

By skilloutlook  /  May 10, 2016  /  #Top News, Skill  /  Comments Off on Decoding education cess: 2% primary education cess and 1% secondary & higher education cess

New Delhi: Education cess is an additional levy on the basic tax liability and total education cess currently stands at 3%. The education cess comprises 2% primary education cess and 1% secondary & higher education cess. The primary education cess is credited to Prarambhik Shiksha Kosh (PSK) and is used to meet part of expenditure […]