How much education cess is payable on the income tax of ₹15,000?
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Step-by-step explanation:
Education cess at rate of 4% will be added to the income tax payable in all cases. Rebate of Rs 15000 is available for individuals having net taxable income of up to Rs 5 lakh under section 87A.
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Answer:
15000
tax15000/10=1500
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