The word "cess" refers to a tax or a fee that is levied by the government on certain types of activities or goods. It is a way for the government to collect money for specific purposes like infrastructure development or social welfare programs.
3Tax savings of INR 46,350 is calculated at the highest tax slab rate of 30 % plus education cess on premium payment of INR 1,50,000 p.a. u / s 80C of the Income Tax Act, 1961. (exidelife.in)
Reports say that the increase in cess on SUVs from 15 % to 25 % will lead to an increase in prices at the launch. (indianautosblog.com)
In fact, individuals with income above Rs 5 lakh can end up paying more tax after taking into account the standard deduction, the removal of the allowances and the increase in cess rate. (relakhs.com)