the tax calculated on Satishraos income is Rs 84000 how much education cess has he to pay at the rate of 3%
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Hey dear,
¶ Education cess-
Education cess is an additional tax levied on the basic tax liability.
◆ Answer-
Education cess = Rs.2520
◆ Explanation -
# Given -
Income tax = 84000 Rs
Cess rate = 3 %
# Solution-
For tax of Rs.84000, education cess is -
Education cess = 84000 × 3 / 100
Education cess = Rs.2520
Therefore, Satishrao have to pay a total education cess of Rs.2520.
Hope it helps..
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