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Punjab National Bank (BOM:532461) Tax Rate % : 37.23% (As of Mar. 2024)


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What is Punjab National Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Punjab National Bank's Tax Expense for the three months ended in Mar. 2024 was ₹18,390 Mil. Punjab National Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹49,399 Mil. Therefore, Punjab National Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 37.23%.


Punjab National Bank Tax Rate % Historical Data

The historical data trend for Punjab National 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.

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Punjab National Bank Tax Rate % Chart

Punjab National 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 56.07 37.69 19.03 36.86 37.53

Punjab National Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 33.79 38.82 36.49 38.02 37.23

Punjab National Bank Tax Rate % Calculation

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

Punjab National 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 )
=50028/133317.1
=37.53 %

Punjab National Bank's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=18389.9/49398.7
=37.23 %

* 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.


Punjab National Bank Tax Rate % Related Terms

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Punjab National Bank (BOM:532461) Business Description

Traded in Other Exchanges
Address
Plot No. 4, Sector - 10, Dwarka, New Delhi, IND, 110075
Punjab National Bank is an Indian public sector bank. It engaged in providing banking services such as saving deposit, current account, fixed deposit schemes, capital gain account scheme, corporate loans, credit facilities, mutual fund insurance, cash management services, export-import (EXIM) financing, international banking, depository services, merchant banking, doorstep banking services, and others. The bank also provides its products and services through mobile banking, internet banking, and SMS banking. It manages its business into four segments namely Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank operates its business in India and overseas. The majority of the bank's revenue comes from India.

Punjab National Bank (BOM:532461) Headlines

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