Arohan Financial Services Limited | Annual Report 2021-22

Financials | 183 Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 36: Other expenses Year ended 31 March 2022 Year ended 31 March 2021 Rent [ Refer note 57 ] 1,110.51 1,095.29 Repairs and maintenance 873.38 685.43 Insurance 438.28 345.77 Power and fuel 162.92 122.32 Rates and taxes 49.05 25.08 Office expenses 152.10 95.63 Membership and subscription 85.54 68.38 Office maintenance 253.04 200.03 Printing and stationery 327.79 276.37 Legal and professional expenses 1,904.70 1,212.32 Director's commission [Refer note 45] 65.40 - Recruitment and induction expenses 93.97 53.95 Communication expenses 91.50 96.99 Travelling and conveyance 2,284.64 1,681.40 Payment to auditors [Refer note (a) below] 87.77 48.11 Corporate social responsibility expenses [Refer note 55] 68.67 244.13 Miscellaneous expenses 330.93 144.56 Total 8,380.19 6,395.76 Note (a) Payments to auditors (excluding applicable taxes) Statutory audit including limited reviews 74.00 38.50 Tax audit (other than statutory auditors) 1.50 1.26 In other capacity Other services 11.44 7.46 Reimbursement of expenses 0.83 0.89 87.77 48.11 Note 37: Employee benefits The Company has adopted Indian Accounting Standard (Ind AS) - 19 on Employee Benefit as under: A) Defined contribution plans Provident and other funds The Company makes contributions, determined as a specified percentage of employee salaries, in respect of qualifying employees towards provident fund and other funds which are defined contribution plans. The Company has no obligations other than this to make the specified contributions. The contributions are charged to the Statement of Profit and Loss as they accrue. Particulars Year ended 31 March 2022 Year ended 31 March 2021 Employers contribution to provident and other fund 2,102.71 1,549.19