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Why has Government of India started levying a 2 per cent 'education cess' on all Union taxes?

Posted by Vishwaa Vishwaa 3 years, 1 month ago

CBSE > Class 12 > Economics

1 answers

Sia ? 3 years, 1 month ago

Education Cess at 2% was introduced to meet Government's commitment to provide and finance universalised quality basic education needs of poor people in India as an additional levy on basic tax liability. Overall education and secondary higher education cess of 3% was charged on all types of taxes.

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