Accrued Interest Calculation for Government Bonds:

Purchase of Government Bonds:
On 31 March 2018, HCL Ltd purchased Rs 100,000 worth of 6% Government bonds. These bonds have a face value of Rs 100 each and were bought at a price of Rs 95 ex-interest.

Interest Payment Schedule:
The interest on these Government bonds is payable on 30 June and 31 December every year.

Accrued Interest Calculation:
To calculate the accrued interest, we need to consider the time period between the last interest payment date and the date of purchase. In this case, the purchase date is 31 March 2018, and the last interest payment date was likely 31 December of the previous year.

Formula for Accrued Interest Calculation:
Accrued interest can be calculated using the following formula:
Accrued Interest = Face Value of the Bond × Coupon Rate × (Days Accrued / Total Days in a Year)

Calculating Days Accrued:
To calculate the number of days accrued, we need to determine the time period between the last interest payment date and the date of purchase. Assuming the last interest payment date was 31 December of the previous year, the number of days accrued can be calculated as follows:

- Days in January: 31
- Days in February: 28 (assuming a non-leap year)
- Days in March: 31

Total days accrued = 31 (January) + 28 (February) + 31 (March) = 90 days

Calculating Accrued Interest:
Using the formula mentioned above, we can calculate the accrued interest as follows:
Accrued Interest = Rs 100 (Face Value) × 6% (Coupon Rate) × (90 (Days Accrued) / 365 (Total Days in a Year))

Accrued Interest = Rs 100 × 6% × (90 / 365) = Rs 1.64 (approximately)

Conclusion:
The amount of accrued interest on the Government bonds purchased by HCL Ltd on 31 March 2018 is approximately Rs 1.64. Please note that this calculation assumes a non-leap year and a coupon rate of 6%. Accrued interest may vary based on specific factors such as leap years and different coupon rates.