Surcharge and cess are both extra levies over and above income tax. But, the basic difference between surcharge and cess lies in their rates, and calculation. On the basis of both, we can evaluate the said terms as
Revenue Sharing
The surcharge is calculated on income tax and cess is applicable to income tax + Surcharge
Calculation
The surcharge is calculated as per differential rates as explained above in case of individuals, companies and other assessees whereas Health and Education Cess is applicable at a standard rate 4% from the Financial Year 2018-19in case of all assessees.