Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

Most of the goods and services have been listed under the four broad tax slabs - 5 per cent, 12 per cent, 18 per cent and 28 per cent. Some items like gold and rough diamonds have exclusive tax rates ...

Ecommerce majors, Flipkart, Amazon India, and Snapdeal have always collectively opposed tax collection at source (TCS). They have raised concerns about the GST (Good and Service Tax), as they always ...