GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » General Insurance Corp of India (BOM:540755) » Definitions » Tax Rate %

General Insurance of India (BOM:540755) Tax Rate % : 23.51% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is General Insurance of India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. General Insurance of India's Tax Expense for the three months ended in Dec. 2023 was ₹4,280 Mil. General Insurance of India's Pre-Tax Income for the three months ended in Dec. 2023 was ₹18,202 Mil. Therefore, General Insurance of India's Tax Rate % for the quarter that ended in Dec. 2023 was 23.51%.


General Insurance of India Tax Rate % Historical Data

The historical data trend for General Insurance of India's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Insurance of India Tax Rate % Chart

General Insurance of India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.55 23.89 40.54 41.44 18.10

General Insurance of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.24 13.74 17.64 13.13 23.51

General Insurance of India Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

General Insurance of India's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=14540.2/80311.8
=18.10 %

General Insurance of India's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=4279.8/18202.2
=23.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General Insurance of India Tax Rate % Related Terms

Thank you for viewing the detailed overview of General Insurance of India's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


General Insurance of India (BOM:540755) Business Description

Traded in Other Exchanges
Address
170, Jamshedji Tata Road, Suraksha, Churchgate, Mumbai, MH, IND, 400 020
General Insurance Corporation of India is a reinsurance company. It provides reinsurance for business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit, and financial and life insurance. Geographically, the business activities of the groups are carried out through the region of India.

General Insurance of India (BOM:540755) Headlines

No Headlines