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21:26 Feb 5, 2018
This question was closed without grading. Reason: No acceptable answer
English to Arabic translations [PRO] Bus/Financial - Finance (general)
English term or phrase:Education Cess on Service tax
Education Cess on Service tax
Secondary & Higher Education Cess on Service tax
Explanation: What is Education Cess?
Every time you pay taxes you will notice that the total tax payable by you tends to go up a tiny amount when it comes to the final payment. This tiny amount can be an increase of a few percentages and is generally the education cess that is levied on the taxes. This tax is only levied on the tax that you have to pay and not on the income that is considered taxable. The cess is levied in two parts, the first being the Primary Education Cess and the second being the Secondary and Higher Education Cess. This cess is a part of income tax and is governed by the IT Act. The rate of the education cess is announced by the government when the budget is announced for the year
Ayman Massoud Egypt Local time: 03:38 Specializes in field Native speaker of: Arabic PRO pts in category: 24