We (70 NRI's) are interested to setup animation studio in Bangalore along with one of our Bangalore friend. We are ready to invest Rs. 20 lakh each (70 * 20 = Rs. 14 Crore). Authorize capital would be Rs. 10 lakh. My Bangalore friend will own 50% shares and remain shares will be equal distribute with NRI 70 friends. How we can make this to work in new private limited company.

Dear all,
Please help me in understanding the consolidated statement regarding profit& Loss statement.

in the ledger account given by the client there are some transactions like Payin and payout and inter segment Adjustment, Margin Trf to main A/c.

what are the above terms, please guide me in understanding the same at the earliest

Thanks in advance,
awaiting the reply

Is there any difference between the words "market interest rate" and "yield to maturity"

If an indian company whose 99.99% shares are hold by a mauritius company and if it wants to pay dividend then what is the apicability of ddt and tax as per mauritius treaty

Can anyone give me share holding pattern format of a pvt company

sir, my father wants to transfer shares held by him in electronic form to my demat account. kindly guide me regarding the procedure to complete the above transaction. an application was made to respective broker but he denied the same. please tell me about the remedy in case of such rejection

can i claim stt paid on purchase of shares as cost of acquisition and stt on sale of shares as expenses on transfer of asset

Dear Experts,

We are Private limited company. We are getting the investment(repatriable) from abroad.

Kindly let me know the procedure to claim the amount.

Thanks in Advance

what is meaning of lateral shift and lateral shift out ....

What is the difference between Co variance and correlation.

Ref: CA final SFM (Portfolio management)