Current Affairs :  May 11- National Technology Day

NATIONAL

The Income Tax department has launched a new “e-facility”

The Income Tax department has launched a new e-facility to link Aadhaar with the Permanent Account Number, a mandatory procedure for filing IT returns now.

The department’s e-filing website incometaxindiaefiling.gov.in has created a new link on its homepage making it “easy” to link the two unique identities of an individual.

INTERNATIONAL

Pakistan and Iran to set up joint border commission:

Pakistan and Iran have set up a joint commission to ensure better border management, two days after Islamabad summoned the Iranian envoy to express concern over Tehran’s assertion that it will hit terror “safe havens” in its neighbouring country.

Banking & Business

12 banks face prospect of RBI crackdown for NPA crisis:

The highest net NPA ratio was reported by Indian Overseas Bank (IOB) at 14.32%, followed by Dena Bank at 10.66% and United Bank of India at 10.62%.

IDBI Bank, which follows United Bank, has a net NPA ratio of 9.61% and has had PCA (Prompt Corrective Action) initiated against it.

Important Events of the Day

May 11- National Technology Day:

`National Technology Day’ is celebrated across India on May 11 every year; being commemorated to memorize the anniversary of Shakti, the Pokhran nuclear test held on 11 May 1998.

The day glorifies the importance of science in day to day life and motivates students to adopt science as the career option. Theme of 2017 is ‘Technology for inclusive and sustainable growth’.

APPOINTMENTS

Anil Kumar Gupta appointed as GM of Western Railway:

Senior railway official Anil Kumar Gupta has been appointed as the general manager of Western Railway (WR). Gupta, a 1980 batch officer of the Indian Railway Service of Electrical Engineers (IRSEE), took charge of the office on May 9, a statement issued by Western Railway.

OBITUARY

‘Kill Bill’ and ‘Twin Peaks’ Actor Michael Parks passes away at age 77:   

Michael Parks, a prolific character actor and a favourite of directors Quentin Tarantino and Kevin Smith has died. He was 77. In a career that spanned five decades, Parks acted in more than 100 films and TV shows, including “Twin Peaks.”