How much education fess is payable on the income tax of rupees 12,500?

Question

How much education fess is payable on the income tax of rupees 12,500?​

Alexandra · Answer

Education  cess  at rate of 4% will be added to the income tax payable in all cases. A Rebate of Rupees 12,500 is available for individuals having net taxable income .

Piper · Answer

Answer:   Health and Education cess at rate of 4% will be added to the income tax payable in all cases. Rebate of Rs 12,500 is available for individuals having net taxable income of up to Rs 5 lakh under section 87A.

Harper

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