Strategy& Interview Questions and Answers

GST rates vary depending on the type of goods or services being sold.

• GST rates range from 0% to 28%

• Some goods and services are exempt from GST

• Different rates apply to different categories of goods and services

• For example, essential items like food and healthcare have lower GST rates than luxury items like cars and jewelry

TDS has different sections with varying rates based on the type of payment and recipient.

• Section 192 - TDS on salary income

• Section 194A - TDS on interest income

• Section 194C - TDS on contractor and sub-contractor payments

• Section 194H - TDS on commission payments

• Section 194J - TDS on professional and technical service payments

• Section 195 - TDS on non-resident payments

• Rates range from 1% to 30% depending on the section an