Phrases with «education cess»

The phrase "education cess" refers to an additional tax or levy imposed by the government on certain goods and services to fund education initiatives. It is a way to collect extra funds specifically for improving the quality of education in the country. The money collected through education cess is utilized for activities like building schools, providing scholarships, training teachers, and enhancing educational infrastructure. Full definition

Sentences with «education cess»

  • In addition with the surcharge being paid, 1 % extra secondary and higher education cess is charged on the income tax amount. (policybazaar.com)
  • * Tax benefit is calculated assuming tax rate of 30 % as increased by Health and Education Cess of 4 % on the investment made in ELSS of Rs. 1,50,000 in a financial year. (assetmanagement.kotak.com)
  • In addition with the surcharged being paid, 2 % extra education cess is charged on the income tax amount. (policybazaar.com)
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