eXtensible Business Reporting Language

XBRL is a standard language for electronic communication of business information. It is an advanced version of eXtensible Markup Language (XML) that is widely prevalent for E-Filing of Income Tax Returns in India. XBRL has become a financial reporting standard adopted globally. In India, the idea of using XBRL was first initiated by the Institute of Chartered Accountants of India (ICAI) in 2007.
XBRL has enabled moretransparency, accuracy and comparability of financial information.

Significance

The Major Regulators of India are involved in adoption of XBRL in India. These include Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDA) and BSE Ltd.

Financial Statements

Applicable to:
1. Companies listed with any Stock Exchange(s) in India and their Indian subsidiaries
2. Companies having Paid-Up Capital of Rupees 5 Crore or above
3. Companies having Turnover of Rupees 100 Crore or above

Cost Audit Report

Applicable to:
1. Regulated Sector: Turnover of Rupees 50 Crore for all products AND Rupees 25 Crore for individual product
2. Non-Regulated Sector: Turnover of Rupees 100 Crore for all products AND Rupees 35 Crore for individual product

About Us

We at XBRL India aim at establishing a strong and compliant environment in business reporting. We believe XBRL is the future of financial reportingand are committedto provide the users with a quality experience.
Call Us Now 88 7272 5252
Emal Us cs@xbrlindia.com
Our Company Jalandhar, Punjab

Frequently Asked Questions & Answers

Have a look at frequently asked questions & answers to understand more.
The reports are prepared only by a Practising Company Secretary with an experience of five years in this field. So, the Reliability and Confidentiality of Information is assured.
PDF file of the report shall be emailed to the user to verify the contents before filing with the Registrar.
A checklist shall be sent to you by e-mail.To ensure quicker service, users are advised to submit all relevant documents and information in one go.
It takes maximum three days to complete the report, provided the user furnishes all the financial information as is required by our professional.
User may pay after verifying the contents in PDF file. The payment may be done by way of electronic transfer.

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