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%
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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.
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