Companies Have To File Annual Returns For FY25 In New Forms

Businesses will have to make their most important statutory filings, especially annual returns, financial statements and cost audit reports, in the revamped web-based forms on the government's portal from 14 July.

- Gireesh Chandra Prasad

The upgraded ministry of corporate affairs portal—MCA21—is highly tech-driven and AI-enabled to improve the security of filings and enable real-time verification of the data being entered.

Its 38 key statutory forms, including 13 annual filing forms and six audit forms, are the final set of company forms to be migrated to the new format, said an official announcement. This will complete the revamp of the MCA21 portal.

These were not included in forms migrated last year as the government did not want the annual return filing cycle to be disrupted by technical glitches during the transition.