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.
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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