Questions

Corporation tax is a tax imposed on the net income of the company. Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax.

Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State.

Hence, Corporate Tax is imposed by Central Government.

As a consultant , I would:

• Recommend structuring of the marketing department as per the demands of the different tasks, roles and responsibilities keeping in mind the cost(budget) factor as long as it fits within the budget of the company.

• Finding out and establishing the level of skills, duties and responsibilities of the employees via job descriptions and job specifications.

• Proper and regular supervision of the department to ensure its smooth functioning

• Determine the marketing functions of the department as per the requirements (advertising,distribution channels,promotional activities)

Micro-kernal : A micro-kernel is a minimal operating system that performs only the essential functions of an operating system. All other operating system functions are performed by system processes.

Monolithic : A monolithic operating system is one where all operating system code is in a single executable image and all operating system code runs in system mode.