All Companies listed in India and their subsidiaries or companies with a paid up capital of Rs. 5 Crore and above or a turnover of Rs.100 Crore and above have been mandated by the Ministry of Corporate Affairs to file their financial statements in XBRL.

Ministry of Corporate Affairs, as on May 15, 2012, has mandated COST AUDITORS and COMPANIES to file COST AUDIT REPORTS (FORM-I) and COMPLIANCE REPORTS (FORM-A) for the year 2011-12 onwards in XBRL mode, after June 30, 2012.

As per the latest notification from SEBI, dated 18th October 2010, it intends to set up a comprehensive platform for filing in XBRL for all listed entities, registered intermediaries and other entities. Already SEBI has mandated the top 100 companies to file in XBRL.