Corporation example sentences

Tax revenues, an important component of revenue receipts, comprise of direct taxes – which fall directly on individuals (personal income tax) and firms (corporation tax), and indirect taxes like excise taxes (duties levied on goods produced within the country), customs duties (taxes imposed on goods imported into and exported out of India) and service tax.Corporations maintain their dividends in the face of a change in income in the short run and households try to maintain their previous living standards.These bodies were set up by the Governments of developed countries of the world at national, regional and international levels for funding various include International Finance Corporation (IFC), E IM Bank and Asian Development Bank.India has a number of multi-purpose projects like the Bhakra Nangal, Damodar alley corporation, the Kopili Hydel Project etc.While, on the one hand, many multinational corporations (MNCs) have ventured into Indian market for selling their products and services; many Indian companies too have stepped out of the country to market their products and services to consumers in foreign countries.Food Corporation of India (FCI) is responsible for procuring and stocking foodgrains, whereas distribution is ensured by public distribution system (PDS).This was before large companies called multinational corporations (MNCs) emerged on the scene.There are huge funds owned by banks, multinational corporations and wealthy individuals which move around the world in search of the highest interest rates.It defines globalisation as the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs).Today, large industrial houses are as commonplace as the industrial units of many MNCs (Multinational Corporations).Depending upon the size of activities and level of business operation, it can be a sole-proprietory concern, partnership firm, cooperative society, company, local authority, municipal corporation or any other association of persons.These enterprises range from giant corporations employing a large number of people to single entrepreneur enterprises.They may be entities like the government, corporation, banks which also take different economic decisions like how much to spend, what interest rate to charge on the credits, how much to tax, etc.The other viable inland waterways include the Godavari, Krishna, Barak, Sunderbans, Buckingham Canal, Brahmani, East-west Canal and Damodar alley Corporation Canal.In many states, seats in rural (panchayat) and urban (municipalities and corporations) local bodies are now reserved for Other Backward Classes (OBC) as well.