Nepal Insurance Co (XNEP:NICL) Tax Rate % : 43.78% (As of Oct. 2024)

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What is Nepal Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nepal Insurance Co's Tax Expense for the three months ended in Oct. 2024 was NPR8 Mil. Nepal Insurance Co's Pre-Tax Income for the three months ended in Oct. 2024 was NPR19 Mil. Therefore, Nepal Insurance Co's Tax Rate % for the quarter that ended in Oct. 2024 was 43.78%.

Nepal Insurance Co Tax Rate % Historical Data

The historical data trend for Nepal Insurance Co'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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Nepal Insurance Co Tax Rate % Chart

Nepal Insurance Co Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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28.05

30.48

31.69

35.23

32.80

Nepal Insurance Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
Tax Rate %	Get a 7-Day Free Trial															45.66	29.79	30.65	31.40	43.78

Nepal Insurance Co Tax Rate % Calculation

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

Nepal Insurance Co'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 )
	=	182.124	/	555.219
	=	32.80 %

Nepal Insurance Co's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Oct. 2024 )	/	Pre-Tax Income (Q: Oct. 2024 )
	=	8.107	/	18.517
	=	43.78 %

Nepal Insurance Co Tax Rate % Related Terms

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Nepal Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nepal Insurance Co Ltd (XNEP:NICL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ganeshthan, P.O. Box: 3623, 1st Floor, Ameer Bhawan, Kamaladi, Kathmandu, NPL

Website

https://www.nepalinsurance.com.np

Nepal Insurance Co Ltd is a non-life insurance company in Nepal. The company offers motor insurance, property insurance, home insurance, marine insurance, engineering insurance, aviation insurance, agricultural and livestock insurance, and other miscellaneous insurance.

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