Setting up of Section 25 company for XBRL India

Setting up of Section 25 company for XBRL India As you may be aware that the ICAI has taken a lead role in the development and promotion of XBRL in India and has accordingly set up a provisional jurisdiction of XBRL in India. To further its development, the ICAI has decided to incorporate a separate company under the Companies Act 1956. The said company shall be a Section 25 Company which has already been granted name approval as EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL) INDIA.

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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