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Accrued Expenses and Other Payables | 12 Months Ended
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Jun. 30, 2016
Accrued Expenses and Other Payables [Abstract] |
ACCRUED EXPENSES AND OTHER PAYABLES | NOTE 6 - ACCRUED EXPENSES AND OTHER PAYABLES Accrued expenses and other payables consisted of the following:
|  | June 30, |  |  | June 30, |
|  | 2016 |  |  | 2015 |
Payroll payable |  | $ | 58,704 |  |  | $ | 18,451 |
Welfare payable |  |  | 154,510 |  |  |  | 168,061 |
Accrued expenses |  |  | 4,450,306 |  |  |  | 3,554,733 |
Acquisitions payable* |  |  | 5,568,500 |  |  |  | - |
Other payables |  |  | 6,056,153 |  |  |  | 1,098,705 |
Other levy payable |  |  | 126,219 |  |  |  | 113,027 |
Total |  | $ | 16,414,392 |  |  | $ | 4,952,977 |
*Acquisitions payable represents the amount due to the original owners of the VIEs acquired on June 30, 2016.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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