Q. What is the percentage of ‘education cess’ that the Government of India has imposed in all union taxes?
Answer: 3
Notes: At present, a 3 per cent cess, consisting of 2 per cent cess for primary education and 1 per cent cess for secondary and higher education, is levied on personal income tax and corporation tax. In the budget of 2018-19, Government has proposed four per cent ‘Health and Education Cess’ to be levied on the tax payable.