Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 2256

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 7A
Chunk 2256
---
,967 
  
    Compensated absences 
     70,325  
     89,688 

    $152,872  
    $183,655 
  
    Non-current 

    Gratuity 
    $221,961  
    $258,524 
  
    Compensated absences 
     170,062  
     232,925 
  
    Other statutory dues 
     2,007  
     - 

    $394,030  
    $491,449 

(This space has been left intentionally blank)

F-41

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

29Employee
benefit plans (unfunded) (Continued)

I. Gratuity

    March 31,
 2025  
    March 31,
 2024 
  
    Changes in projected benefit obligation (PBO) 

    PBO at the beginning of the year 
    $352,492  
    $286,714 
  
    Service cost 
     68,406  
     96,167 
  
    Interest cost 
     18,298  
     17,541 
  
    Actuarial loss/ (gain) 
     57,663  
     48,593 
  
    Benefits paid 
     (184,057) 
     (91,798)
  
    Effect of exchange rate changes 
     (8,294) 
     (4,725)
  
    PBO at the end of the period 
    $304,508  
    $352,492 

    Accrued pension liability 

    Current liability 
    $82,547  
    $93,967 
  
    Non-current liability 
     221,961  
     258,525 

    $304,508  
    $352,492 

    Accumulated benefit obligation 
    $245,162  
    $260,054 

Net gratuity cost recognized in income
statement

    March 31, 2025  
    March 31, 2024 
  
    Service cost 
    $68,406  
    $96,167 
  
    Interest cost 
     18,298  
     17,541 
  
    Amortization of net actuarial (gains)/loss 
     (