Education Cess is 3%

Q.  Which of the following is/are true regarding Education Cess?

1) Education Cess is 3%.
2) This cess goes entirely for primary education.
- Published on 12 May 16

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2

ANSWER: Only 1
 
  • Education Cess is 3%.
  • Education cess was initiated in 2004 as an addition to income tax. The aim of this cess was to support government's finances for providing children with access to basic education.
  • The Education Cess comprises 2% Primary Education Cess and 1% Secondary & Higher Education Cess.

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    Discussion

  • manish kumar   -Posted on 12 May 16
    this cess is of two type education cess 2 % and secondary higher education cess is 1 % total is 3 %

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