Paryushan is an important festival observed by the:

Jain community
Muslim community
Parsi community
Hindu community

Paryushan is an important festival observed by the Jain community. It is a time for fasting, meditation, and self-reflection. The festival is held in the month of Ashwin (September-October) and lasts for eight days. The first five days are known as the Panch Kalyanakas, which are five auspicious days that commemorate the birth, enlightenment, and nirvana of Mahavira, the founder of Jainism. The last three days are known as the Samvatsari, which is a day of forgiveness and reconciliation.

Paryushan is a time for Jains to reflect on their lives and to make amends for any wrongs they have committed. It is also a time to give thanks for the blessings they have received. The festival is marked by a number of rituals and ceremonies, including fasting, meditation, and prayer. Jains also visit temples and offer prayers to their Tirthankaras, or spiritual teachers.

Paryushan is a time for Jains to come together as a community and to celebrate their faith. It is also a time for them to renew their commitment to living a life of non-violence, compassion, and self-discipline.

The other options are incorrect because they are not the communities that observe Paryushan. The Muslim community observes Ramadan, the Parsi community observes Navroz, and the Hindu community observes Diwali.