Education Cess & Secondary & Higher
Education Cess on Income Tax Education Cess @ 2 % & Secondary & Higher Education cess @ 1 % will be payable on the amount of income tax.
Not exact matches
* 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.
In addition to the slab rates given above, a surcharge of 15 % is charged
on income where the total income exceeds Rs 1 Crore and 3 %
education cess.
In addition with the surcharged being paid, 2 % extra
education cess is charged
on the income tax amount.
In addition with the surcharged being paid, 2 % extra
education cess is charges
on the income tax amount.
The current rate of service tax is 12.36 % (12 % for service tax and 3 %
education cess) as
on June 15, 2013.
The current rate of service tax
on insurance premium is 12.36 % (12 % for service tax and 3 %
education cess) as
on June 15, 2013.
Guaranteed annual payouts are paid every year from the 6 to 10 policy year and are expressed as a percent of annual premium (exclusive of service tax,
education cess and mortality loading) depending
on the age at entry.