Question

Calculate education cess on income tax Rs 12000 *​

Answer 1

The rate at which education cess is calculated is actually a combination of the two types of cess applied on the taxable income. For the education cess the rate is 2% of the tax payable and for the Secondary and Higher Education Cess the rate is 1% of the tax payable.

Answer 2

This is the answer of this question.