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.

Stars twinkle because they’re so far away from Earth that when light from the stars passes through the atmosphere, it is bent countless times due to refraction, making it look like as if they were blinking. The sun and other planets doesn’t twinkle because it’s too close to Earth compared to other stars.

It takes 248 yrs for Pluto to orbit the Sun.