XBRL in INDIA
In India, the Ministry of Corporate Affairs (MCA) has mandated filing of Annual
Financial Statements along with the Directors' and Auditor's Report in XBRL format
only for a select class of companies. As of now, all listed companies and their
Indian Subsidiaries, or companies with either 100 crore turnover or Rs. 5 crore
paid-up capital need to file in XBRL Format. MCA has also mandated filing of Cost
Audit Report and Cost Compliance Report in XBRL Format.