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Indian Bank (BOM:532814) Tax Rate % : 22.70% (As of Dec. 2024)


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What is Indian Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Indian Bank's Tax Expense for the three months ended in Dec. 2024 was ₹8,445 Mil. Indian Bank's Pre-Tax Income for the three months ended in Dec. 2024 was ₹37,207 Mil. Therefore, Indian Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 22.70%.

Indian Bank Tax Rate % Historical Data

The historical data trend for Indian 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.

* Premium members only.

Indian Bank Tax Rate % Chart

Indian Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -18.30 12.37 35.85

Indian Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.99 499.66 25.92 25.42 22.70

Indian Bank Tax Rate % Calculation

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

Indian Bank's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=29145.1/81291.5
=35.85 %

Indian Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=8445/37206.5
=22.70 %

* 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.

Indian Bank Tax Rate % Related Terms

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Indian Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Indian Bank (BOM:532814) » Definitions » Tax Rate %
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BOM:500116 BOM:532483 NSE:INDUSINDBK BOM:532648 BOM:532388 BOM:532477 BOM:532149 BOM:532505 NSE:IDFCFIRSTB NSE:FEDERALBNK NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN
Traded in Other Exchanges
INDIANB:India
Address
254-260, Avvai Shanmugam Salai, Royapettah, Chennai, TN, IND, 600014
Website
https://www.indianbank.in
Indian Bank is a provider of banking products and services in India and internationally. The bank is headquartered in India and generates the majority of revenue domestically. The bank operates through four segments: Treasury, Corporate/Wholesale banking, Retail banking, and other banking operations. A majority of its revenue is generated from the Retail banking segment. The company provides deposits, savings and current accounts, merchant banking, and stock broking to its customers. The company has a nationwide network of branches as well as branches in Singapore and Sri Lanka. The Government of India is a shareholder.

Indian Bank Headlines

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