{"id":59323,"date":"2025-08-13T14:45:52","date_gmt":"2025-08-13T09:15:52","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=59323"},"modified":"2025-08-13T17:26:02","modified_gmt":"2025-08-13T11:56:02","slug":"cess","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/cess\/","title":{"rendered":"Cess"},"content":{"rendered":"<h2><b>Cess Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As of 2023-24, the Central Government has failed to transfer \u20b93.69 lakh crore worth of cess collections to the relevant funds for which the cess was implemented, the Comptroller and Auditor General has found. <\/span><\/p>\n<h2><b>About Cess<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">A cess is a <\/span><b>form of tax levied by the government on tax with specific purposes<\/b><span style=\"font-weight: 400;\"> till the time the government gets enough money for that purpose.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Different from the usual taxes, and duties like excise and personal income tax, a cess is <\/span><b>imposed as an additional tax besides the existing tax (tax on tax).\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For example, the Swachh Bharat cess is levied by the government for cleanliness activities that it is undertaking across India.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">A cess, generally<\/span><b> paid by the everyday public<\/b><span style=\"font-weight: 400;\">, is <\/span><b>added to their basic tax liability<\/b><span style=\"font-weight: 400;\"> paid as part of total tax paid.<\/span><\/li>\n<\/ul>\n<h2><b>Difference between Tax and Cess<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">A <\/span><b>cess <\/b><span style=\"font-weight: 400;\">is different from taxes as it is <\/span><b>imposed as an additional tax besides the existing tax <\/b><span style=\"font-weight: 400;\">(tax on tax).\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Another difference lies in the way the revenue recovered from the cess is maintained.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">While revenue from <\/span><b>taxes like income tax<\/b><span style=\"font-weight: 400;\"> is <\/span><b>kept in the Consolidated Fund of India (CFI),<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>government can use it for any purposes<\/b><span style=\"font-weight: 400;\"> it deems fit, the <\/span><b>revenue coming from cess<\/b><span style=\"font-weight: 400;\"> is first credited to the Consolidated Fund, and the government may then, after due appropriation from Parliament, <\/span><b>utilise it for the specified purpose.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u00a0Another major difference between central taxes and cess is that the <\/span><b>proceeds of a cess may or may not be shared with the state governments, while that of taxes have to be shared.<\/b><\/li>\n<\/ul>\n<p><b>Source<\/b><span style=\"font-weight: 400;\">: <\/span><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/centre-has-not-transferred-369-lakh-crore-of-cess-collections-to-the-designated-funds-cag-finds\/article69924061.ece\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">TH<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cess is a form of tax levied by the government on tax with specific purposes till the time the government gets enough money for that purpose. Read more about Cess, Meaning, Primary Purpose, Latest News<\/p>\n","protected":false},"author":23,"featured_media":59290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[2171,21,22,23],"class_list":{"0":"post-59323","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-cess","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/59323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=59323"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/59323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/59290"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=59323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=59323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=59323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}