NRI Club

The PhoolWalonkiSair is a festival that is celebrated in the capital city of Delhi in India. It is a festival or a colorful procession of the flower sellers in Mehrauli in south Delhi. The Festival is being celebrated since the Mughal period in the early nineteenth century! It is a week-long festival where  huge  pankhas made of palm leaves decorated with shiny flecks and  floral chaadar—are offered at the Dargah of Khwaja Bakhtiar 'Kaaki' in Mehrauli and at the ancient temple of Devi Yogmaya, also, in Mehrauli.  On the occasion of this grand festival, performances by Kathak dancers and Quawali singer also take place. Fire dancers lead a large procession across the streets carrying flower pankhas.

Some festivals and events are culturally augmented, colorful, and lively and give an opportunity for families to get together and make merry. While there are also some festivals who satisfy the adrenaline junkie in everyone and  Hot Air Balloon Festival of Karnataka is one such adventurous festival.  The festival is a four-day event that takes place at the end of December and may extend to January and is organized by Karnataka Tourism Department. It is held in three cities of Karnataka simultaneously–Bidar and Mysore, and Hampi.  T his delightful hot air balloon ride not only gives  a bird’s eye view of heritage structures of Mysore as well as the historically significant village of Hampi but also sails through the jungles of Karnataka, amidst the rich natural beauty with the backdrop of the vermillion setting sun.  The event also includes demonstrations, competitions and other activities like paragliding, flying fix, bungee jumping! The cool weather and pleasant atmosphere make this

Government of India has provided special treatment to NRIs for providing flexibility to invest through different commercial feasible structures under the extant Consolidated FDI Policy of 2017 (“FDI Policy”) and the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (“TISPRO Regulations”) issued by the Reserve Bank of India (“RBI”), without losing their status and benefits available as ‘non-residents’.TISPRO Regulations allow NRI investors to invest in India, either on repatriation basis or non-repatriation basis. So, what is repatriation or non-repatriation basisinvestment? 1.        Two Options  of Investments For all investments in mutual funds made through the money remitted from abroad, the redemption proceeds can be remitted back to the originating account (NRE or FCNR) and can be repatriated. Such investments are called  Repatriable investments . On the other hand, investments made in mutual funds secured throug

One of the many vibrant festivals of Gujarat, Tarnetar Fair is the annual festival that takes place in Sundernagar,  Gujarat— a tiny village, about 200 km away from Ahmedabad.  This is inspired by  Draupadi's  swayamvara , and is a celebration of ethnic Gujarat’s folk-dance, music, costumes, and the arts, centered around young tribal men and women seeking marriage partners. Here many kinds of folk dances are performed; by far the most popular is the  raas , in which dancers hold sticks to clack against those of other dancers. As many as one to two hundred women perform  ramadas  in a single circle, to the beats of four drums at a time and the tunes of  jodia pavas  (double flutes). Rabari women of nearby Zalawad perform the famous circular folk dance called  rahado . Their marital status is indicated clearly by their costumes; a black  zimi  (skirt) means she is married. But if a woman is wearing a red  zimi , it means she has not yet tied the knot and probably seeking a husband.

If you are an NRI who has  purchased property in India for rental income , you should know about these four aspects: 1.        Rent Proceeds The rent proceeds can be credited to the NRE or NRO account. Rent proceeds received in these accounts can be freely repatriated. If you do not have an NRE or NRO account, the proceeds can also be directly remitted abroad but you would need an appropriate certificate from a chartered accountant certifying that all taxes have been duly paid. 2.        Tax Implications If you are getting a rental income from the property you have bought in India, you are liable to pay the tax in India, irrespective of which country you reside in currently. There are some deductions you can avail of. In order to ascertain how much of your  rental income is taxable  consider the following deductions in the first place: ·           Standard deduction at the rate of 30 percent on the taxable value ·           Taxes paid to the municipal authority with respe

The Paryatan Parv organized by the Ministry of Tourism kicked off yesterday and will continue till 13th of this month. The Delhi leg of the Parv is to be organized from 2nd to 6th October 2019 at 12.00 pm to 10.00 pmat Rajpath lawns between Rafi Marg and Janpath. This year's event is dedicated to 150th birth Anniversary of Mahatma Gandhi. The three-day event on Rajpath lawns is to celebrate the culmination of a 21-day “Paryatan Parv”, a nation-wide tourism festival. The idea of Paryatan Parv is to propagate the message of ‘Dekho Apna Desh’, with the objective to encourage Indians to visit various tourist destinations of the country and also to spread the message of ‘Tourism for All’. The event will include cultural performances by various local and folk performers and 50 food stalls set up by various states and union territories showcasing their distinctive cuisine including stalls set up by the National Association of Street Vendors of India (NASVI) that will bring several stree

If you are an NRI and want to buy health insurance in India then this article is for you! In this article, we will discuss some pointers for NRI’s, who are interested in buying health insurance: 1.        Eligibility NRIs are permitted to utilize health insurance if they complete their treatment procedure during their stay in India. An NRI needs to focus on terms of geographical coverage, underwriting guidelines, etc. while applying for health insurance in India. 2.        Clause on Geographical Restrictions Most of the insurance companies specify in their terms and conditions that the benefits covered under the plan are limited only for treatment in India. For example, an NRI who lives in Singapore cannot avail of any of the benefits covered in a health insurance plan he bought in India. 3.        Individual Covers or Family Floater? Family A floater is a plan that is tailor-made for families and acts as an umbrella of coverage for the entire family. Under the policy, yo

Konark Dance & Music Festival started in the year 1986 is a spectacular extravaganza that brings in many artistes into its cultural family, creating international cultural amity and brotherhood. A joint venture of the Orissa Tourism and the Odissi Research Centre, the Konark Dance Festival flaunts the eminent artistes of national and international repute. The artists perform Odissi, Kathak, Bharatanatyam, Kuchipudi, Manipuri, Mohiniattam and other classical, folk & tribal dances/music of our country on the enchanting stage of the Natyashala in the Sun Temple, Konark- the UNESCO World Heritage Site which is also called the Black Pagoda. A sand art exhibition and a crafts fair are also arranged during the Konark dance festival which serves a wide variety of delicious cuisines, a variety of handicrafts and magnificent handmade sand statues by sand artists. The five-day dance festival held every year is also called the harbinger of the contemporary festivals of Orissa. The Konark