Bank Alfalah posts remarkable profitThe article reports that Bank Alfalah Ltd. posted profit of Rs. 3.978 billion for the half year ended June 30, 2014 before tax.Flare
The Bank's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Provision for current income tax has been made @ 42.5% on the accounting profit made by the Bank after considering taxable allowances and disallowances ...