Question

1) How much percent of Secondary
And
Higher Education cess is applicable on
amount of income tax ? (1M)​

Answer 1

Education cess rate is calculated at a rate which is basically a mix of two different kinds of cess that is charged on the taxable income. While the rate for education cess is 2 percent of the payable tax, the Secondary and Higher Education cess is 1 percent of the tax amount.