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FEE AND COMMISSION INCOME/(EXPENSE) (Tables) | 12 Months Ended
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Mar. 31, 2022
Receivables [Abstract] |
Schedule of fees and commission income/(expense) | As of March 31, 2022 and 2021, fee and commission income/expense of the Company included the following:
| Year ended March 31, 2022 |  | Year ended March 31, 2021 |  | Year ended March 31, 2020
Fee and commission income: |  |  |  |  |
Brokerage services | $ | 391,996 |  |  | $ | 245,913 |  |  | $ | 82,800 |
Bank services | 23,274 |  |  | 12,403 |  |  | 7,240 |
Underwriting services | 8,705 |  |  | 8,345 |  |  | 2,360 |
Other commission income | 7,963 |  |  | 5,278 |  |  | 268 |
Total fee and commission income | $ | 431,938 |  |  | $ | 271,939 |  |  | $ | 92,668 |
Fee and commission expense: |  |  |  |  |
Brokerage services | $ | 61,151 |  |  | $ | 63,098 |  |  | $ | 18,673 |
Bank services | 10,989 |  |  | 5,095 |  |  | 1,299 |
Stock exchange services | 3,109 |  |  | 1,924 |  |  | 710 |
Central Depository services | 594 |  |  | 440 |  |  | 775 |
Other commission expense | 5,388 |  |  | 2,543 |  |  | 479 |
Total fee and commission expense | $ | 81,231 |  |  | $ | 73,100 |  |  | $ | 21,936 |

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