National Australia Bank on Thursday reported a rise in annual cash profit as it benefited from higher interest rates, but cautioned elevated competition and inflationary pressures that crimped second-half earnings by 10% would persist. The country's second-largest lender reported stronger annual earnings on deposits and capital against the backdrop of higher interest rates, which has allowed Australian lenders to widen their margins and capitalise on higher borrowing costs. But for the half-year ended Sept. 30, cash earnings sank as the impact of monetary policy tightening and inflationary pressures crippled households and the economy.
Emami continues strong profit led growth
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Transcorp International returns to Cash Profits - remains bullish on outward remittance and PPI Payments Systems business
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corporate side, 35% to 25%. eliminates the corporate alternative minimum tax. maximum small-business rate of of 25%. at the individual level for some businesses. partial limitation on interest deduction for c corporations. allow full expensing for short great capital investing for equipment and machines for five years. keeps research and development tax credit along with a low income housing credit. eliminates 199 manufacturing deduction. international, territorial tech system which doesn t tax business profits outside the country. a one-time tax on previously committed profits earned overseas. that s the repatriation of money and calls for lower tax rate on liquid foreign assets in a higher tax rate on cash profits. take a breath. at least you have details as they stand out. let s bring the panel. guy benson, political editor at townhall.com. susan page, washington bureau chief at usa today.
corporate side, 35% to 25%. eliminates the corporate alternative minimum tax. maximum small-business rate of of 25%. at the individual level for some businesses. partial limitation on interest deduction for c corporations. allow full expensing for short great capital investing for equipment and machines for five years. keeps research and development tax credit along with a low income housing credit. eliminates 199 manufacturing deduction. international, territorial tech system which doesn t tax business profits outside the country. a one-time tax on previously committed profits earned overseas. that s the repatriation of money and calls for lower tax rate on liquid foreign assets in a higher tax rate on cash profits. take a breath. at least you have details as they stand out. let s bring the panel. guy benson, political editor at townhall.com. susan page, washington bureau chief at usa today. tom bevan, real clear politics