Reference
Useful Lives โ Companies Act 2013 (Schedule II)
Indicative useful lives for depreciation under the Companies Act.
Last updated 01 Apr 2025
| Asset | Useful life |
|---|---|
| Buildings (RCC) | 60 years |
| Plant & machinery (general) | 15 years |
| Furniture & fittings | 10 years |
| Office equipment | 5 years |
| Computers (end-user devices) | 3 years |
| Computers (servers/networks) | 6 years |
| Motor vehicles | 8 years |
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