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.
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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