“Education cess” and “Secondary and Higher education cess” on income-tax:

The amount of income-tax as increased by the union surcharge, if applicable, should be further increased by an additional surcharge called the ―Education cess on income -tax‖, calculated at the rate of 2% of such income-tax and surcharge, if applicable. Education cess is leviable in the case of all assessees i.e. individuals, HUF, AOP / BOI, firms, local authorities, cooperative societies and companies. Further, ―Secondary and higher education cess on income-tax‖ @1% of income-tax plus surcharge, if applicable, is leviable to fulfill the commitment of the Government to provide and finance secondary and higher education.