Ministry of Corporate Affairs
Companies in India that meet specified criteria need to file their financial statements with the Ministry of Corporate Affairs in XBRL format.
- All companies incorporated under the Companies Act, 1956 and having a paid up capital of Rs 50 million or more or a turnover of Rs 1,000 million or more
- All companies that are listed in an Indian stock exchange and their Indian subsidiaries irrespective of their capital or turnover
- Banking companies, Insurance companies, Power companies and Non-banking financial companies are exempt from this requirement.
Financial statements for the year ended 31 March 2011 or later shall be filed in XBRL format.
Convert your financial statements into XBRL format in any one of the two ways:
- Use our “full service”.
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