Depending on income earned during a financial year, income tax is levied on the taxable income. The rate of income tax for individuals ranges between 5% and 30%, depending on the amount of income. However, this is not the only tax liability you have to fulfil. You also need to pay a cess, calculated as a percentage of the amount of tax that you have to pay.
In the Union Budget 2018, finance minister Arun Jaitley had proposed to abolish the existing Education Cess and Secondary and higher Education Cess, charges at 3% of the amount of tax; and replace it with a new cess, to be charged at 4%. Let’s read about more differences between cess and income tax.