2 Views

Question : Under the Goods and Services Tax (GST) regime, what is the highest tax slab as of August 2020?

Option 1: 30%

Option 2: 32%

Option 3: 28%

Option 4: 26%


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: 28%


Solution : The correct answer is 28% .

Under the Goods and Services Tax (GST) regime, the highest tax slab as of August 2020 was 28% . Goods and Services Tax rates in India are divided into four slabs, which are 5%, 12%, 18% and 28% GST. The Union Minister for Finance is Nirmala Sitharaman from 2019.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books