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Retirement Benefits (Tables)
12 Months Ended
Mar. 31, 2015
Compensation And Retirement Disclosure [Abstract]  
Schedule Of Accumulated And Projected Benefit Obligations [Table Text Block]
The following tables set out the amounts recognized in the Company’s consolidated financial statements for the fiscal years ended March 31, 2013, 2014 and 2015. The measurement date used is March 31 of the relevant fiscal year.
 
 
 
2013
 
2014
 
2015
 
 
 
US$
 
US$
 
US$
 
Change in benefit obligation
 
 
 
 
 
 
 
 
 
 
Benefit obligation at the beginning of the year
 
 
446,146
 
 
527,512
 
 
511,506
 
Actuarial (gain) loss
 
 
14,941
 
 
(60,402)
 
 
27,963
 
Service cost
 
 
75,039
 
 
75,405
 
 
69,402
 
Interest cost
 
 
44,025
 
 
46,086
 
 
52,790
 
Benefits paid
 
 
(26,382)
 
 
(27,314)
 
 
(70,427)
 
Effect of exchange rate changes
 
 
(26,257)
 
 
(49,781)
 
 
(22,184)
 
Benefit obligation at the end of the year
 
 
527,512
 
 
511,506
 
 
569,050
 
Current – (included in other employee payables)
 
 
47,713
 
 
45,226
 
 
37,961
 
Non-current – (included in retirement benefits)
 
 
479,799
 
 
466,280
 
 
531,089
 
Schedule Of Net Benefit Costs [Table Text Block]
Net gratuity cost for the years ended March 31, 2012, 2013 and 2014 comprise of the following:
 
 
 
2013
 
2014
 
2015
 
 
 
US$
 
US$
 
US$
 
Service cost
 
 
75,039
 
 
75,405
 
 
69,402
 
Interest cost
 
 
44,025
 
 
46,086
 
 
52,790
 
Recognized net actuarial (gain) loss
 
 
14,941
 
 
(60,402)
 
 
27,963
 
Net gratuity cost
 
 
134,005
 
 
61,089
 
 
150,155
 
Schedule Of Assumptions Used [Table Text Block]
The assumptions used in accounting for gratuity in the years ended March 31, 2013, 2014 and 2015 were as follows:
 
 
 
2013
 
2014
 
2015
 
Discount rate
 
 
8.75
%
 
9.60
%
 
8.45
%
 
 
 
 
 
 
 
 
 
 
 
Rate of increase in compensation
 
 
7.00
%
 
7.00
%
 
7.00
%
Schedule Of Expected Benefit Payments [Table Text Block]
The following benefit payments, which reflect expected future services, as appropriate are expected to be paid
 
Year ending March 31,
 
US$
 
2016
 
 
37,961
 
2017
 
 
123,838
 
2018
 
 
45,854
 
2019
 
 
62,965
 
2020
 
 
57,837
 
2021-2025
 
 
493,338