In 2026, the Government of India notified what rate of construction welfare cess under the Code on Social Security, 2020 for building and other constr

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In 2026, the Government of India notified what rate of construction welfare cess under the Code on Social Security, 2020 for building and other construction works?

TodaySprint · Accepted Answer

The correct answer is Option B: 1%. The Government of India notified a 1% construction welfare cess under the Code on Social Security, 2020 for building and other construction works. The cess is levied on the total construction cost incurred by employers and applies to commercial buildings irrespective of project cost. Section 100(1) of the Code on Social Security, 2020 provides the legal basis for the construction welfare cess. The new notification replaced the earlier construction cess notification issued on 26 September 1996. Individuals constructing houses costing less than ₹50 lakh are exempt from the cess from 21 November 2025. Earlier exemption provisions applied to houses below ₹10 lakh or properties exceeding 100 square metres. Welfare cess collections are used for health benefits, insurance, financial aid and educational support for construction workers and their families. Building and Other Construction Workers Welfare Boards administer the welfare funds in several States and Union Territories.

TodaySprint · Answer

0.5%

TodaySprint · Answer

2%

TodaySprint · Answer

5%

TodaySprint · Answer

10%

In 2026, the Government of India notified what rate of construction welfare cess under the Code on Social Security, 2020 for building and other construction works?

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In 2026, the Government of India notified what rate of construction welfare cess under the Code on Social Security, 2020 for building and other construction works?

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