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 dance festival has become a major
event in the country's cultural calendar and attracts a large number of tourists
to Odisha, India every year.
An NRO (Non-Resident Ordinary) savings account is where you can maintain and manage your income earned in India such as rent, dividends, pension, etc. An NRO account can be opened in the form of a savings, current or fixed deposit account. Repatriation of funds from NRO accounts is permitted by RBI, subject to certain limits. Procedure for opening an NRO account is as follows: 1. Options The non-resident Indian can convert his/her existing resident account in India to the NRO account or open a new NRO account. Documentary proof that the account holder is a non-resident as defined in Indian tax laws is a prerequisite for NRI accounts. 2. Difference between NRO & NRE Account Unlike NRE accounts, interest earned on this account is taxed at the rate of 30% (plus surcharge) and other applicable taxes in India according to the ITA. In order to take the benefit of lower rates of tax as per double taxation avoidanc...
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