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 street vendors from different parts of India to the capital. The crafts mela will also have 50 stalls showcasing diverse handicrafts and handlooms of the country, arranged by the State governments and Ministry of Textiles. Notably, to showcase their tourism potential, 15 theme-based State pavilions will be set up at the festival.
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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