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ROU Assets and Operating Lease Liabilities (Tables) | 12 Months Ended
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Mar. 31, 2024
ROU Assets and Operating Lease Liabilities [Abstract] |
Schedule of Non-Cancellable Lease Contract | As of March 31, 2024 and 2023, the Group subsisted of the following non-cancellable lease contract.
Description of lease |  | Lease term
Office at China Insurance Group Building, Hong Kong |  | 2 years from March 1, 2022 to February 29, 2024
Office at China Insurance Group Building, Hong Kong |  | 3 years from March 1, 2024 to February 28, 2027
Amounts recognized in the consolidated balance sheet:
|  | As of March 31, |
|  | 2024 |  |  | 2023 |
Right-of-use assets |  | $ | 280,903 |  |  | $ | 62,868 |
Operating lease liabilities |  |  |  |  |  |  |  |
Current |  |  | 91,990 |  |  |  | 69,584 |
Non-current |  |  | 197,932 |  |  |  | - |
|  | $ | 289,922 |  |  | $ | 69,584 |
Weighted average remaining lease terms (in years) |  |  | 2.92 |  |  |  | 0.92 |
Information related to operating lease activities during the years ended March 31, 2024, 2023 and 2022 are as follows:
|  | For the Years Ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
ROU assets obtained in exchange for operating lease liabilities |  | $ | 288,928 |  |  | $ | - |  |  | $ | 137,473 |
Amortization of ROU assets |  |  | 71,094 |  |  |  | 68,678 |  |  |  | 5,764 |
Interest on operating lease liabilities |  |  | 1,722 |  |  |  | 2,446 |  |  |  | 288 |
Total operating lease expenses, included within Occupancy Costs |  | $ | 72,816 |  |  | $ | 71,124 |  |  | $ | 6,052 |
Schedule of Remaining Contractual Maturities | The following table summarizes the remaining contractual maturities of lease liabilities under operating lease as of March 31, 2024:
During the year ended March 31, |  |  |
2025 |  | $ | 102,225 |
2026 |  |  | 122,670 |
2027 |  |  | 81,780 |
Total future lease payments |  |  | 306,675 |
Less: imputed interest |  |  | (16,753 | )
Present value of lease obligations |  | $ | 289,922 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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