Current Affairs: 9 April 2017

Aadhaar Mandatory For Filing Tax Returns, PAN Card From July 1

  • Quoting of Aadhaar has been made mandatory for filing income tax returns with effect from July 1, as introduced by the Finance Act, 2017, an official statement said on Wednesday.
  • Aadhaar will also be compulsory for making an application for allotment of Permanent Account Number (PAN), with effect from July 1.
  • Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar /Enrolment ID of Aadhaar application form, for filing of return of income and for making an application for allotment of Permanent Account Number with effect from July 1.
  • As per the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, only a resident individual is entitled to obtain Aadhaar. 
  • Resident as per the said Act means an individual who has resided in India for a period or periods amounting in all to 182 days or more in the 12 months immediately preceding the date of application for enrolment.

Madhya Pradesh CM launched Deendayal Rasoi Yojana in 49 districts of Madhya Pradesh

  • Madhya Pradesh is all set to join the league of those states which have launched populist subsidised meal scheme for poor with the opening of canteens that provides wholesome food at Rs 5 under the Deendayal Antyodaya Rasoi Yojana.
  • This scheme, named after the BJP ideologue Deendayal Upadhyaya, is being launched in 49 districts across the state this evening.
  • Chief Minister Shivraj Singh Chouhan will inaugurate the Deendayal Rasoi Yojana at Gwalior this evening. In the first phase, the scheme is being launched at 49 district headquarters simultaneously between 6-7 pm
  • Anyone can have a wholesome meal at Rs 5 which includes four chapatis, one vegetable curry and Dal every day between 11 am to 3 pm. The arrangement would cater to at least 2000 persons every day,

India ranks 9th among 41 countries in corruption in businesses: Survey

  • India ranks ninth among 41 countries in bribery and corrupt practices in businesses, according to the findings of a recent survey. 
  • Nearly 78 per cent respondents queried in the country said that bribery and corrupt practices happen widely in businesses here, as per the EY Europe, Middle East, India and Africa (EMEIA) Fraud Survey 2017. 
  • India ranks behind Ukraine, Cyprus, Greece, Slovenia, Croatia, Kenya, South Africa and Hungary, in the perception survey. 
  • The ranking has improved marginally from the survey findings in 2015 when India was at the sixth position, owing to better regulatory scrutiny and emphasis on transparency and governance. 
  • India ranks ninth among 41 countries in bribery and corrupt practices in businesses, according to the findings of a recent survey. 
  • Nearly 78 per cent respondents queried in the country said that bribery and corrupt practices happen widely in businesses here, as per the EY Europe, Middle East, India and Africa (EMEIA) Fraud Survey 2017. 


NBA Launches International Basketball Schools Network In Mumbai

  • NBA Basketball Schools open to young male and female players; Top players at each basketball school will have opportunity to attend NBA Academies.
  • The National Basketball Association (NBA) today announced the launch of NBA Basketball School, a network of tuition-based basketball development programs around the world open to international male and female players ages 6-18.
  • The first NBA Basketball School launched today in Mumbai, India as part of a multiyear agreement announced today with India On Track (IOT), one of India’s leading sports management, marketing and development companies. Additional NBA Basketball Schools will be launched in India and around the world in the coming months.
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