Corporation example sentences

Food Corporation of India (FCI) is responsible for procuring and stocking foodgrains, whereas distribution is ensured by public distribution system (PDS).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.This was before large companies called multinational corporations (MNCs) emerged on the scene.First, in any country several services such as hospitals, educational institutions, post and telegraph services, police stations, courts, village administrative offices, municipal corporations, defence, transport, banks, insurance companies, etc.In many states, seats in rural (panchayat) and urban (municipalities and corporations) local bodies are now reserved for Other Backward Classes (OBC) as well.What is Buffer stock? Buffer Stock is the stock of foodgrains, namely wheat and rice procured by the government through Food Corporation of India (FCI).This refers to the provision for income tax (corporation tax) chargeable on profits, and it is made by debiting the profit and loss account and crediting the provision for taxation account which is shown on the liabilities side under the heading 'Current liabilities and Provisions' in the balance sheet.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.It defines globalisation as the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs).Later the government set up many more organisations such as Metals and Minerals Trading Corporation (MMTC), Handloom and Handicrafts Export Corporation (HHEC).India has a number of multi-purpose projects like the Bhakra Nangal, Damodar alley corporation, the Kopili Hydel Project etc.Schools, hospitals, shops and large corporations are all organisations with diverse goals that are aimed at achieving something.In many states, seats in rural (panchayat) and urban (municipalities and corporations) local bodies are now reserved for Other Backward Classes (OBC) as well.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.