Regency Health Care Assistant Accounts Manager Interview Questions and Answers for Experienced

GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

• GST is a consumption tax that is ultimately borne by the end consumer.

• It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

• GST returns are filed online through the GST portal, detailing the sales, purchases, and tax paid by a business.

• There are different...read more

TDS stands for Tax Deducted at Source. It is a system where tax is deducted at the time of payment.

• TDS is deducted by the payer and deposited with the government on behalf of the payee.

• It is applicable on various incomes such as salaries, interest on securities, commission, etc.

• TDS rates vary based on the type of payment and the payee's status.

• TDS returns need to be filed quarterly by the deductor with details of TDS d...read more