Union Bank of India (BOM:532477) Tax Rate % : 37.33% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Union Bank of India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Union Bank of India's Tax Expense for the three months ended in Mar. 2024 was ₹19,714 Mil. Union Bank of India's Pre-Tax Income for the three months ended in Mar. 2024 was ₹52,812 Mil. Therefore, Union Bank of India's Tax Rate % for the quarter that ended in Mar. 2024 was 37.33%.

Union Bank of India Tax Rate % Historical Data

The historical data trend for Union Bank of India'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.

* Premium members only.

Union Bank of India Tax Rate % Chart

Union Bank of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

26.24

-18.08

63.77

30.59

36.26

Union Bank of India 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															28.47	37.45	35.40	35.00	37.33

Union Bank of India Tax Rate % Calculation

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

Union Bank of India'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 )
	=	77992.8	/	215082.2
	=	36.26 %

Union Bank of India'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 )
	=	19713.5	/	52812
	=	37.33 %

Union Bank of India Tax Rate % Related Terms

Thank you for viewing the detailed overview of Union Bank of India's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Union Bank of India (BOM:532477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of India (BOM:532477) » Definitions » Tax Rate %

Traded in Other Exchanges

UNIONBANK:India

Address

239, Vidhan Bhavan Marg, Union Bank Bhavan, 12th Floor, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.unionbankofindia.co.in

Union Bank of India is a retail, commercial and investment bank domiciled in India. The bank organizes operations across four main segments: Retail Banking Operations such as deposits and transaction accounts; Corporate and Wholesale Banking including private equity and corporate finance; Treasury Operations; and Other Banking Operations. Retail Banking Operations is the most significant segment, contributing the largest share of the bank's revenue. The bank generates the majority of revenue domestically. The Government of India is the majority shareholder.

Union Bank of India (BOM:532477) Headlines

No Headlines