The Central Board of Direct Taxes (CBDT) has clarified that no marginal relief shall be available in Health Cess (HC) and Education Cess (EC). EC is an additional levy on the basic tax liability. The government uses the collected money from cess to improve the structure of education in the country. Also, the government does […]
The post No Marginal Relief in case of Health and Education Cess: CBDT [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
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