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- Dictionarycess/sɛs/
noun
- 1. (in Scotland, Ireland, and India) a tax or levy.
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Jun 23, 2019 · Cess meaning: Cess is a form of tax charged/levied over and above the base tax liability of a taxpayer. A cess is usually imposed additionally when the state or the...
Cess is a variant of tax charged over the basic tax liability of a taxpayer. A cess is imposed when the government looks to raise funds for specific purposes. Cess is not the same as any other tax collected by the government such as income tax, goods and services tax, and excise duty.
Aug 5, 2016 · A cess is different from the usual taxes like excise duty and personal income tax as it is imposed as an additional tax besides the existing tax (tax on tax). For example, the education cess of 3% on personal income tax of 30% is imposed as a tax on the prevailing 30%.
Cess (pronounced / s ɛ s /) is a tax - generally one levied for promoting services like health and education. Governments often charge a cess for the purpose of development in social sectors. The word is a shortened form of "assess". [1] The spelling is due to a mistaken connection with census. [2]
Oct 16, 2024 · Cess on Income Tax is an additional tax imposed by the government on top of regular income tax. Unlike regular income tax, which goes into the general government treasury, cess is collected for particular purposes.
Oct 7, 2020 · What Is A Cess? Different from the usual taxes and duties like excise and personal income tax, a Cess is imposed as an additional tax besides the existing tax (tax on tax) with a purpose of raising funds for a specific task.
noun. 1. British. (formerly) any of several special taxes, such as a land tax in Scotland. 2. (formerly, in Ireland) a. the obligation to provide the soldiers and household of the lord deputy with supplies at fixed prices. b. any military exaction.
