Introduction

The Ministry of Corporate Affairs has proposed and mandated certain companies to file their annual financial statements from Financial Year 2010-11 onwards in XBRL format.

Companies that come under the following categories in any sector other than banking, insurance, power & NBFC must file their Financial Statements using the XBRL format electronically from Financial Year 2010-11 onwards.

  • All companies listed in India and their Indian subsidiaries.
  • All unlisted companies having a paid up capital of Rs.5 Crores and above.
  • All unlisted companies having a turnover of Rs. 100 Crores and above.