New Delhi: Ahead of Iranian President’s three-day visit, PM Modi gifted the Farsi translation of the Panchtantra to Iranian President Dr. Rouhani. Both leaders Rouhani also jointly released the postal stamps marking the economic and trade relations between the two countries.

India and Iran released postal stamps Focuses on Connectivity and shows India's Deendayal Port (Kandla) & Shahid Beheshti Port (Chabahar).

Raveesh Kumar, EAM spoke person said,”In a warm gesture, Iranian President Dr. Rouhani gifted an animated version of Kalila Wa Demna (Farsi translation of the Panchtantra) and a copy of the Mahabharat in Farsi to PM @narendramodi. #DustemanIran,” he tweeted.

 Later Five MoUs exchanged between India & Iran in the presence of Prime Minister of India Narendra Modi & President of Iran Hassan Rouhani during the bilateral talks between Prime Minister Narendra Modi and Iran President Hassan Rouhani in New Delhi's Hyderabad House.

India & Iran signed Agreement for Avoidance of Double Taxation & Prevention of Fiscal Evasion with respect to taxes on income. It'll stimulate flow of investment, technology & personnel from India to Iran & vice versa & prevent double taxation, said Central Board of Direct Taxes.

The Agreement will provide for exchange of information between the 2 Contracting Parties as per latest international standards. It'll improve transparency in tax matters & help curb tax evasion & tax avoidance, Central Board of Direct Taxes added.