XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.

XBRL in India – Applicability, Documents, Timeline, Process, Penalty etc.

XBRL Conversion & Filing India – Applicability, Documents, Timeline, Process, Penalty etc. XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML (Extensible Markup Language), the universally preferred language for transmitting information via the Internet. It was developed specifically to […]

Power of Tribunal to call Annual General Meeting (AGM)

Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. Section 97 of the […]

Compliance chart for the Companies regarding ROC filing

Every year, Company has to file multiple forms with Ministry to comply with the mandatory statutory requirements as specified under the Act. The Compliance chart for the companies regarding ROC filing below provides a brief view of the Forms along […]

ACRA issued revised XBRL Filing Requirements

Implementation of Revised XBRL Filing Requirements

ACRA has issued Practice Direction No. 2 of 2020 to guide companies on the implementation of revised XBRL filing requirements. The revisions are part of the continual efforts to streamline XBRL filing requirements. For most companies, the number of data […]

XBRL US publishes DQC 12th Ruleset

The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 12th Ruleset for public review. The DQC helps enhance data accuracy by providing US GAAP and IFRS filers with freely available automated checks that can test an XBRL […]

India Strengthens Banking Regulation - Several Measures taken by RBI

India extends XBRL to Co-operative Banks

RBI asks UCBs to report large accounts data almost with immediate effect   In its drive to strengthen supervision of Urban Co-operative Banks (UCBs) post the PMC, UCBs told to report exposures above Rs 5 crore to CRILC, almost with […]

XBRL Conversion India

Process for Conversion of XBRL file to PDF file

Many times Companies come with XBRL files and ask the professionals to convert the XBRL file to PDF format. Or ask for documents of specified companies financials which sometimes may be available in XBRL format. In such case, it becomes […]