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    <title>MCA’s Fresh Mandate on Filing of Balance Sheet and Profit and Loss Account in Extensible Businessreporting Language (XBRL) Mode.</title>
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    <description>The Ministry mandates XBRL filing of Balance Sheet and Profit &amp; Loss Account for a specified class of companies for the financial year commencing 1 April 2011, covering listed companies (and their Indian subsidiaries), large companies by capital and turnover, and those already subject to XBRL requirements; banking, insurance, power and NBFCs are exempt until further orders. The Schedule VI taxonomy is published online, business rules and validation tools are being prepared, a transitional waiver of additional fees is provided for timely XBRL filing, and stakeholders are directed to the Ministry&#039;s XBRL portal for training.</description>
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    <pubDate>Wed, 18 Jul 2012 15:35:01 +0530</pubDate>
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      <description>The Ministry mandates XBRL filing of Balance Sheet and Profit &amp; Loss Account for a specified class of companies for the financial year commencing 1 April 2011, covering listed companies (and their Indian subsidiaries), large companies by capital and turnover, and those already subject to XBRL requirements; banking, insurance, power and NBFCs are exempt until further orders. The Schedule VI taxonomy is published online, business rules and validation tools are being prepared, a transitional waiver of additional fees is provided for timely XBRL filing, and stakeholders are directed to the Ministry&#039;s XBRL portal for training.</description>
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