SC upholds Aadhaar link with PAN

The Supreme Court on 9 June 2017 ruled that it would be mandatory for Aadhaar holders to link Aadhaar with their permanent account number (PAN) for filing income tax returns (ITRs).

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World Investment Report 2017

India improved its ranking by one notch to 9th position as one of the highest recipients of foreign direct investment (FDI) in 2016, at a time global FDI flows fell, the UN trade and development agency said in its latest World Investment Report 2017.

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India becomes full members of SCO

India and Pakistan on 9 June 2017 became full members of the Shanghai Cooperation Organisation (SCO) summit at Astana. India’s membership was strongly pushed by Russia while Pakistan’s entry into the grouping was backed by China.

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India signed global tax treaty

India’s most hard-fought import from Portugal may have been gangster Abu Salem, but while signing the Multilateral Tax Convention, it kept Lisbon out of a rule that allows companies to escape tax on dividends in India easily.

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