CYC Nepal Laghubitta Bittiyanstha (XNEP:CYCL) Tax Expense : NPR Mil (TTM As of . 20)

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What is CYC Nepal Laghubitta Bittiyanstha Tax Expense?

CYC Nepal Laghubitta Bittiyanstha's tax expense for the six months ended in . 20 was NPR0.00 Mil.

CYC Nepal Laghubitta Bittiyanstha Tax Expense Historical Data

The historical data trend for CYC Nepal Laghubitta Bittiyanstha's Tax Expense 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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CYC Nepal Laghubitta Bittiyanstha Tax Expense Chart

CYC Nepal Laghubitta Bittiyanstha Annual Data

Trend

Tax Expense

CYC Nepal Laghubitta Bittiyanstha Semi-Annual Data

Tax Expense

CYC Nepal Laghubitta Bittiyanstha Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

CYC Nepal Laghubitta Bittiyanstha (XNEP:CYCL) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

CYC Nepal Laghubitta Bittiyanstha Tax Expense Related Terms

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CYC Nepal Laghubitta Bittiyanstha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CYC Nepal Laghubitta Bittiya Sanstha Ltd (XNEP:CYCL) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sabhagriha Chowk, Pokhara Metro Politician City - 8, Kaski, Pokhara, NPL

Website

https://www.cycnlbsl.org.np

CYC Nepal Laghubitta Bittiya Sanstha Ltd is providing microfinance services to households from the Hilly and Mountainous regions of Nepal with a prime focus on low-income households, assets-less, self-employed in the informal sector to uplift their livelihood increasing involvement in economic activities and income-generating activities. It offers loans, savings schemes, and insurance that comprise General Loan, Housing Loan, Microenterprise Loan, Education Loan, Personal savings, Special savings, Cyc pension savings, Welfare Saving, Housing savings, and life insurance products.

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