Ministry of Corporate Affairs vide notification dated 09th Sept, 2015 has issued The Companies [Filing of Documents and Forms in Extensive Business Reporting Language (XBRL)] Rules 2015. As per rules, XBRL is applicable to following companies:
1. Listed companies and their Indian subsidiaries
2. Companies having paid up capital of Rs. 5 Crore or more
3. Companies having turnover of Rs. 100 crore or more
4. Companies to whom Companies XBRL Rules 2011 were applicable.
However it is exempt to the following:
1. Banking sector
2. Insurance sector
3. Power sector
4. Non Banking Financial Companies
The rules can be downloaded from following link:
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