Explain me
Dev (Article Trainee.) (613 Points)
02 August 2012
Pankaj Gupta
(CA final & M.Com Student)
(3358 Points)
Replied 02 August 2012
Education ces and higher education cess are the kind of duties imposed by central government on different kind of taxes.....like VAT, Excise, Income Tax etc.
These tax revenues are kept seperately and are spend only on education schemes of central government.
Mukesh Babu
(IPCC Student)
(236 Points)
Replied 04 August 2012
These are taxes levied on the purpose of encouraging education