Corporate DisclosurePROGRESLIF
PROGRESLIF Corporate Disclosure — 6 December 2020
Announcement summary
- What happened
- PROGRESLIF published a corporate disclosure on 6 December 2020. Read the full announcement for details.
- Company
- Progressive Life Insurance Co. Ltd.
- Announcement published
Original announcement
(Continuation news of PROGRESLIF): 5. No computation has been made for current tax as per Schedule IV of the Income Tax Ordinance, 1984. As disclosed in note 10.01 in the accompanying financial statements. Income tax provision has been made on lump sum basis. As the amount of provision could not be calculated in accordance with the provision of Schedule IV of the Income Tax Ordinance, 1984, hence profit may be overstated or understated to the extent (cont.6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040054f3c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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