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Mahalaxmi Bikas Bank (XNEP:MLBL) Tax Expense : NPR189 Mil (TTM As of Apr. 2024)


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What is Mahalaxmi Bikas Bank Tax Expense?

Mahalaxmi Bikas Bank's tax expense for the months ended in Apr. 2024 was NPR41 Mil. Its tax expense for the trailing twelve months (TTM) ended in Apr. 2024 was NPR189 Mil.


Mahalaxmi Bikas Bank Tax Expense Historical Data

The historical data trend for Mahalaxmi Bikas Bank'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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Mahalaxmi Bikas Bank Tax Expense Chart

Mahalaxmi Bikas Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.16 181.78 291.29 352.16 190.83

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 Expense 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 26.96 28.42 40.88 78.28 40.94

Mahalaxmi Bikas Bank 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.

Tax Expense for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR189 Mil.

* 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.


Mahalaxmi Bikas Bank  (XNEP:MLBL) 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.


Mahalaxmi Bikas Bank Tax Expense Related Terms

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Mahalaxmi Bikas Bank (XNEP:MLBL) Business Description

Traded in Other Exchanges
N/A
Address
DurbarMarg, Annapurna Arcade-II, 2nd Floor, P.O.Box 12711, Kathmandu, NPL
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.

Mahalaxmi Bikas Bank (XNEP:MLBL) Headlines

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