Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 270

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 270
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accordance with relevant Hong Kong tax laws. The applicable tax rate is 16.5% in Hong Kong. From year of assessment of
2018/2019 onwards, Hong Kong profits tax rates are 8.25% on assessable profits up to HKD2,000,000, and remaining assessable
profits are taxed at 16.5%.

<div align='center'>F-21</div>

Income taxes expenses consisted of the following:

|                              |     | For the years ended 
 March 31,           |    2024 |     |   |    2023 |
|:-----------------------------|:----|:--------------------|--------:|:----|:--|--------:|
| Current income tax provision |     | $                   | 139,634 |     | $ | 199,989 |
| Deferred income tax expenses |     |                     |   1,983 |     |   |   5,196 |
| Total income taxes expenses  |     | $                   | 141,617 |     | $ | 205,185 |

The following table reconciles the statutory rate to the Company’s
effective tax rate:

|                                                   |     | For the years ended 
           March 31, |      |    |     |      |      |    |
|                                                   |     |                2024 |      |    |     | 2023 |      |    |
| Cayman Islands statutory income tax rate          |     |                     |    - |    |     |      |    - |    |
| Effect of tax-exempted entity incorporated in BVI |     |                     |    - |    |     |      |    - |    |
| Effect of Hong Kong statutory income tax rate     |     |                     | 16.5 | %  |     |      | 16.5 | %  |
| Effect of Hong Kong concessionary tax rate        |     |                     | (2.4 | )% |     |      | (1.6 | )% |
| Effect of non-taxable income                      |     |                     |    - |    |     |      | (0.6 | )% |
| Effect of non-deductible expenses                 |     |                     |  1.7 | %  |     |      |  1.1 | %  |
| Effective tax rate                                |     |                     | 15.8 | %  |     |      |