Amal Ltd 2013-14

55 NOTE 34 MICRO, SMALL AND MEDIUM ENTERPRISE DUES Sundry creditors include ` Nil due to Micro, Small and Medium Enterprise. Following is the information, required to be furnished as per Section 22 of the Micro, Small and Medium Enterprise Development Act, 2006. ( ` ‘000) Sr No Particulars As at March 31, 2014 As at March 31, 2013 (a) Principal amount due to supplier under MSMED Act, 2006 (b) Interest accrued, due to supplier under MSMED Act, 2006 on above amount, and unpaid - - (c) Payment made to suppliers (other than interest) beyond the appointed day | due date during the year - - (d) Interest paid to suppliers under MSMED Act, 2006 (other than Section 16) - - (e) Interest paid to suppliers under MSMED Act, 2006 (Section 16) - - (f) Interest due and payable towards suppliers under MSMED Act, 2006 for payments already made - - (g) Interest accrued and remaining unpaid at the end of the year to suppliers under MSMED Act, 2006 - - (h) Amount of further interest remaining due and payable in succeeding years - - Above disclosures have been made based on information available with the Company, for suppliers who are registered as Micro, Small and Medium Enterprise under ‘The Micro, Small and Medium Enterprise Development Act, 2006’ as at March 31, 2014. The auditors have relied upon in respect of this matter. NOTE 35 EMPLOYEE BENEFITS (a) Defined contribution plans: (i) Provident fund (ii) State defined contribution plans - Employers’ contribution to employees’ state insurance - Employers’ contribution to employees’ pension scheme 1995 The provident fund and the state defined contribution plan are operated by the Regional Provident Fund Commissioner. Under the scheme, the company is required to contribute a specified percentage of payroll cost to the retirement benefit scheme to fund the benefits. These funds are recognised by the income tax authorities. The company has recognised the following amounts in the Statement of Profit and Loss for the year: ( ` ‘000) Sr No Particulars 2013-14 2012-13 1 Contribution to provident fund 185 140 2 Contribution to employees pension scheme 1995 73 72 3 Contribution to employees state insurance 52 74 Notes to the Financial Statements