Taranatha's influence on Gelugpa thinking continues even to this day in the teaching of the present 14th Dalai Lama, who actively promotes initiation into Kalachakra.
In response to his request, the Buddha gave the first Kalachakra tantra initiation and teachings at Amaravati, a small town in Andhra Pradesh in southeastern India, supposedly emanating at the same time he was also delivering the Prajna Paramita sutras at Vulture Peak Mountain at Rajgir in North India.
The Wheel of time or wheel of history (Kalachakra) is a concept found in several religious traditions and philosophies, notably religions of Indian origin such as Hinduism and Buddhism, which regard time as cyclical and consisting of repeating ages.