Educational cess is charges at the rate of...
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2 percent
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.
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Health and Education Cess : Health and Education Cess is levied at the rate of 4% on the amount of income-tax plus surcharge. Note 1: A resident individual (whose net income does not exceed Rs.
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