The Ministry of Corporate Affairs vide Circular No. 37/2011 dated 07/06/2011 has mandated, the filing of Balance Sheets and Profit and Loss Accounts along with the Director's and the Auditor's Report for the Financial Year 2010-11 onwards using XBRL in respect of:-
- All Companies listed in India and their Indian Subsidiaries.
- All Companies having a paid up capital of Rs. 5 Crores and above.
- All Companies having a turnover of Rs. 100 Crores and above.
Banking, Insurance, Power and Non Banking Financial Companies (NBFCs) are presently excluded for XBRL filings.
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