Ep 14 | What is Current Tax and how it influences profits | Read Financial Statements (Britannia) скачать в хорошем качестве

Ep 14 | What is Current Tax and how it influences profits | Read Financial Statements (Britannia)

In Episode 14 of the Read Financial Statements series, we analyse Current Tax using Britannia Industries’ Annual Report and examine the related Notes to Accounts. This video explains: ✔ What is Current Tax ✔ How current tax is calculated on taxable income ✔ Difference between accounting profit and taxable profit ✔ Where current tax appears in the Profit & Loss Statement ✔ How to read the Notes to Tax Expense You will understand how companies compute their tax liability and why tax expense may differ from expected tax based on profit. This episode is useful for: Equity investors & fundamental analysts MBA / PGDM students Finance professionals analysing profitability Anyone reading annual reports in detail 📌 Next in the series: Understanding Deferred Tax and Effective Tax Rate (ETR). 👉 Watch previous episodes for full continuity. 👉 Subscribe to follow the complete Read Financial Statements series.