PhoolWaalon-Ki-Sair 2019

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 pankhasmade 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.

Comments

5 FEMA Rules Every NRI Should Know

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...

Pink City Jaipur Gets UNESCO World Heritage Tag!

The Walled City of Jaipur, popularly known as the 'Pink City' is famous for its iconic architectural legacy and vibrant culture, on July 6 made its entry into the UNESCO World Heritage Site list during the 43rd Session of the World Heritage Committee held at Baku, Azerbaijan. A World Heritage Site is a location having an “Outstanding Universal Value,” and has common significance for present and future generations of all humanity. The city was proposed to be nominated for its value of being an exemplary development in town planning and architecture that demonstrates an amalgamation and important exchange of ideas in the late medieval period. The city of Jaipur was founded in 1727 AD under the patronage of Sawai Jai Singh II. It serves as the capital city of the culturally-rich state of Rajasthan. Interestingly, this is India’s 38 th inscription into the World Heritage list, India already has 37 world heritage sites, that include 29 Cultural properties, 7 Natural propertie...

Everything an NRI needs to know about Investment Options in India

If you’re an NRI looking for investing in India but don’t know the best options, considering the returns here the following investment options for you: 1. Fixed Deposit There are three types of FD for NRI. NRE FD, NRO FD, and FCNR FD. NRE FD is maintained in Indian rupees. No tax is applicable to NRE FD. The principal and interest earned are fully repatriable. The interest rate applicable to NRO FD is similar to FD taken by Indian residents. Tax is applicable on NRO FD. In the case of NRO FD, only interest amount can be repatriated. NRO FD can be opened for 7 days to 10 years. FCNR FD is a foreign currency FD. This type of FD can be opened by depositing income earned overseas. 2. Real Estate NRIs can invest in both residential and commercial properties with no restrictions on the amount or size of the property. However, NRIs are not permitted to buy agricultural lands, farmhouse or plantations. However, selling of ...

NRI Club

Search This Blog