Mahalaxmi Bikas Bank (XNEP:MLBL) Tax Rate % : 30.00% (As of Apr. 2024)

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What is Mahalaxmi Bikas Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mahalaxmi Bikas Bank's Tax Expense for the three months ended in Apr. 2024 was NPR41 Mil. Mahalaxmi Bikas Bank's Pre-Tax Income for the three months ended in Apr. 2024 was NPR136 Mil. Therefore, Mahalaxmi Bikas Bank's Tax Rate % for the quarter that ended in Apr. 2024 was 30.00%.

Mahalaxmi Bikas Bank Tax Rate % Historical Data

The historical data trend for Mahalaxmi Bikas Bank'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.

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Mahalaxmi Bikas Bank Tax Rate % Chart

Mahalaxmi Bikas Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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27.23

31.06

30.62

28.02

33.57

Mahalaxmi Bikas Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Tax Rate %	Get a 7-Day Free Trial															30.00	105.16	30.00	30.00	30.00

Mahalaxmi Bikas Bank Tax Rate % Calculation

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

Mahalaxmi Bikas Bank's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	190.828	/	568.383
	=	33.57 %

Mahalaxmi Bikas Bank's Tax Rate % for the quarter that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Apr. 2024 )	/	Pre-Tax Income (Q: Apr. 2024 )
	=	40.935	/	136.45
	=	30.00 %

Mahalaxmi Bikas Bank Tax Rate % Related Terms

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Mahalaxmi Bikas Bank (XNEP:MLBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mahalaxmi Bikas Bank Ltd (XNEP:MLBL) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

DurbarMarg, Annapurna Arcade-II, 2nd Floor, P.O.Box 12711, Kathmandu, NPL

Website

https://www.mahalaxmibank.com

Mahalaxmi Bikas Bank Ltd is engaged in providing banking products and services. The bank's principal offerings include comprehensive range of financial services encompassing accepting of deposits, corporate and retail credit, project financing, hire purchase financing, micro credit, trade financing, personal and corporate banking, foreign currency operations, digital products such as debit cards, internet banking, mobile banking, QR services, demat service, remittance facilities including dealing in government securities and treasury related products, agency services and others ancillary services.

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