Education Cess
The Education Cess tax rule calculates the education cess tax the government charges to support education in India.
Select a unique date range for each section code’s Education Cess tax rules. These rules use the default Education Cess tax types and codes from the India Localization SuiteTax Engine SuiteApp.
To create an Education Cess tax rate rule:
-
Go to Setup > India Localization > TDS Tax Rate Rules.
-
Click the Education Cess subtab.
-
Click New Education Cess.
-
In the Rate field, enter the tax rate for this rule.
-
In the Effective From field, enter the start date for the tax rule.
-
In the Valid Until field, enter the end date for the tax rule.
-
Check the Non-Resident Indian box if this rule is for non-resident payments.
-
Click Save.