RathYatrais
celebrated every year in the month of June-July at Puri, the temple town in
Orissa, on the east coast of India. It is
dedicated to Lord Jagannath (Lord Krishna), his sister Goddess Subhadra and his
elder brother Lord Balabhadra.It is also called Gundicha Yatraor the
Chariot Festival, Dasavatara and Navadina Yatra.People from various age
groups and communities participate in the first day rituals of the nine-day
annual festival, also known as Car orChariot Festival come andtake
out chariotsof the presiding deities of the main temple, Srimandira: Lord
Jagannatha, Lord Balabhadra and Goddess Subhadrafrom the temple precincts in an
elaborate ritual procession to the Gundicha Temple,
their aunt’s place for a span of nine days, with the
celestial wheel Sudarshana in a colorful procession. The huge, colorfully
decorated chariots, are drawn by hundreds and thousands of devotees on the bada
danda, the grand avenue to the Gundicha temple. After a stay for nine days, the
deities return to their abode in Srimandira.This year, the annual Rath Yatra of Lord Jagannath,
his siblings Balabhadra and Subhadra began on Thursday, 4th July with great
aplomb and splendid procession.
The Foreign Exchange Management Act (FEMA) is a law enacted by the Government of India in 1999 to control the flow of foreign currency across Indian borders.FEMA aims to facilitate external trade and their payments in India, a systematic improvement and continuation of foreign exchange in the Indian market.It’s important for Indians working abroad to understand FEMA rules for NRIs very carefully since it can affect the way they can send and receive funds from India.Let’s look at five FEMA Regulations for NRIs: 1. Maintaining a Bank Account You need to operate bank accounts that are specifically designated for NRIs. FEMA rules for NRIs do not allow holding a savings bank account. There are 3 major types of accounts as stipulated by the Reserve Bank of India (RBI)that you can open: - NRO account - If you want to send money earned abroad back to India. - NRE account - For repatriable or moveable assets like securities and cas...
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