Government of India has also started levying a 2 per cent ___________on all Union taxes. The revenues from the same has been earmarked for spending on elementary education.
Answer & explanation
Correct answer: option 2
The correct answer is option 2: education cess
Government of India has also started levying a 2 per cent ‘education cess’ on all Union taxes. The revenues from education cess has been earmarked for spending on elementary education.