NRI Club

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 avoidance agreement (DTAA) entered in by India, NRIs need

The Shekhawati UtsavMomasar is held in Momasar, a picturesque village town in the Shekhawati region, Rajasthan. Each year the village around the time of Diwali hosts the extraordinary music and arts festival, attracting thousands of people who crowd the streets, milling between the open-air stages and Havelis. This festival brings together over 200 folk artists and artisans from across seven cultural regions in Rajasthan. The objective of the festival is to conserve the indigenous music and craft forms of Rajasthan and give the artists national& global exposure and opportunities for sustained em ployment and income generation for them.  The concerts, congregations, and exhibitions are organized at unpretentious venues – a haveli (traditional mansion), an old temple of village deity and an open field next to a johad (traditional water harvesting structure). Celebrations flow through the streets and narrow by-lanes of the entire town. The festival is so structured that visitors mi

Jashn-e-Rekhta is a three-day celebration of Urdu language, literature & cultural heritage , held annually in New Delhi to celebrate the multi-faceted nature of Urdu– its beauty and versatility. The slogan of the festival is “Celebrating Urdu” and it is attended by a huge number of Urdu lovers, especially the youth. The festival showcases not only Urdu poetry, but also Urdu literature, calligraphy workshop, performances like Ghazal,  Dastangoi , Sufi music, panel discussions & debates, Celebrity conversations, film screenings and a lot more. It also provides a platform to Urdu lovers and enthusiasts to share their poetry and stories in various open forums. Rekhta bazaar showcases artifacts, merchandise, and a book fair. Another highlight of the festival is “Aiwan-i-Zaiqa”, a curated food fiesta that offers various Indian and Middle Eastern cuisines food stalls and the Rekhta Bazaar for goods and artworks. Organized by the Rekhta Foundation, the three-day-long celebration asp