Jules Rimet Trophy is associated with the game Football.
The Jules Rimet Trophy was named in the honour of Jules Rimet, who is FIFA's longest-serving president, in office for 33 years.
Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.
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.
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