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Related Parties Balance (Tables)
12 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Schedule of loan to related parties
   As of
March 31,
2020
   As of
March 31,
2019
 
Loan to related parties(a)  $2,537,532   $     - 

 

(a)The balance is due from Horwath Capital Consultants Limited ("Horwath Capital"), to which the Company's chairman serves as a director. On November 1, 2019 and December 4, 2019 the Company loaned $851,825 and $1,650,000 to Horwath Capital, respectively. The loan bears an interest rate of 4% and is not guaranteed. The maturity was July 31, 2020. On July 20, 2020 and July 30, 2020, Horwath Capital fully repaid $851,825 and $1,650,000 to the Company, respectively.
Schedule of due to related parties
   As of
March 31,
2020
   As of
March 31,
2019
 
Due to shareholders  $282,121   $245,006 
Due to key management personnel   4,232    7,868 
Due to  related parties  $286,353   $252,874 

 

(b)The balance of due to shareholders mainly due to the principal shareholders of the Company who provide funds for the Company's operations. The payables are unsecured, non-interest bearing and due on demand.