Questions

Ganesha

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.

The technology giant Apple has been named as the most innovative company of 2016, as per Boston Consulting Group (BCG) 2016 analysis. In the list of world’s 50 most innovative companies, Google has been ranked second, followed by Tesla Motors, Microsoft, Amazon, Netflix, Samsung, Toyota, Facebook and IBM. 

A - A - A = 20
B - B - B = 15
C - C - C = 25

A = -20
B = -15
C = -25

=> A + B + C = (-20)+(-15)+(-25) = -20 - 15 - 25 = -60.

The no of entities participating in relation is called Degree of relationship