PM Modi Launches CHAMPIONS: Technology Platform to empower MSMEs

Government improvising annual filing form for companies – CSR data

Government is amending the form for furnishing annual financial statements under the Companies law as part of efforts to ensure that CSR spending figures are reported in a proper manner. The Ministry of Corporate Affairs (MCA), which is implementing the Companies Act, is in the process of making amendments to AOC-4 XBRL form regarding CSR disclosure – which is used to submit annual financial statements. Xtensible Business Reporting Language (XBRL) is used for communicating financial […]