The UNESCO Asia-Pacific Awards for Cultural
Heritage Conservation awards were announced at a ceremony held in Penang,
Malaysia. In this year’s awards, 16 projects from 5 countries namely–
India, Bhutan, China, New Zealand, and Australia have been recognized by an international jury of conservation experts. The four winners from
India includes one from Ahmedabad—Award of Distinction for Vikram
Sarabhai Library, Indian Institute of Management (IIM); and three from Mumbai— Award
of Merit for Keneseth Eliyahoo Synagogue and Our Lady of Glory Church;
while Honorable Mention for Flora Fountain.The
UNESCO award highlights the spirit and efforts of private organizations or
individuals that have successfully restored and conserved structures of
heritage value in their regions. These awards aim to encourage and support
other people and organizations to take action for conservation within their
communities, either independently or by seeking public-private partnerships.
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...
Comments
Post a Comment