Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) Tax Expense : NPR Mil (TTM As of . 20)

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What is Jeevan Bikas Laghubitta Bittiyanstha Tax Expense?

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

Jeevan Bikas Laghubitta Bittiyanstha Tax Expense Historical Data

The historical data trend for Jeevan Bikas 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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Jeevan Bikas Laghubitta Bittiyanstha Tax Expense Chart

Jeevan Bikas Laghubitta Bittiyanstha Annual Data

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Jeevan Bikas Laghubitta Bittiyanstha Semi-Annual Data

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Jeevan Bikas 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.

Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) 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.

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Jeevan Bikas Laghubitta Bittiyanstha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jeevan Bikas Laghubitta Bittiya Sanstha Ltd (XNEP:JBLB) » Definitions » Tax Expense

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Traded in Other Exchanges

N/A

Address

Katahari-2, Morang, NPL

Website

https://www.jeevanbikasmf.com

Jeevan Bikas Laghubitta Bittiya Sanstha Ltd is a microfinance institution in Nepal that focuses on providing financial services to underserved and low-income communities. It offers few products including microloans, savings, and insurance to empower individuals, particularly women, in rural areas. The institution aims to promote financial inclusion and support the economic development of its clients through accessible and affordable financial services. It operates generally in rural and semi-urban areas, contributing to poverty alleviation and socio-economic development.

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