Arohan Financial Services Limited | Annual Report 2022-23

| 156 Annual Report | 2022-2023 Financial Note 36: Other expenses Year ended 31 March 2023 Year ended 31 March 2022 Rent [ Refer note 57 ] 1,286.03 1,110.51 Repairs and maintenance 1,230.65 873.38 Insurance 472.28 438.28 Power and fuel 159.73 162.92 Rates and taxes 68.23 49.05 Office expenses 202.62 152.10 Membership and subscription 77.05 85.54 Office maintenance 346.83 253.04 Printing and stationery 238.82 327.79 Legal and professional expenses 1,453.13 1,904.70 Director's commission [Refer note 45] 68.13 65.40 Recruitment and induction expenses 171.02 93.97 Communication expenses 105.71 91.50 Travelling and conveyance 2,765.24 2,284.64 Payment to auditors [Refer note (a) below] 83.20 87.77 Corporate social responsibility expenses [Refer note 55] 21.83 68.67 Miscellaneous expenses 133.21 330.93 Total 8,883.71 8,380.19 Note (a) Payments to auditors (excluding applicable taxes) Statutory audit including limited reviews 70.00 74.00 Tax audit (other than statutory auditors) 1.50 1.50 In other capacity Other services 10.03 11.44 Reimbursement of expenses 1.67 0.83 83.20 87.77 Particulars Year ended 31 March 2023 Year ended 31 March 2022 Employers contribution to provident and other fund 2,170.43 2,102.71 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. Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated)