Who was the founder of SMART CARD?And also tell "PAN CARD!
Answers
Answer:
A permanent account number (PAN) is a ten-character alphanumeric identifier, issued in the form of a laminated "PAN card", by the Indian Income Tax Department, to any "person" who applies for it or to whom the department allots the number without an application. It can also be obtained in the form of a PDF file.
A PAN is a unique identifier issued to all judicial entities identifiable under the Indian Income Tax Act, 1961. The income tax PAN and its linked card are issued under Section 139A of the Income Tax Act. It is issued by the Indian Income Tax Department under the supervision of the Central Board for Direct Taxes (CBDT) and it also serves as an important proof of identification.
Answer:
Michel Ugon was founder of smart card.
In the year 1972, the concept of Permanent Account Number (old series) was first introduced by the Government of India and was made statutory under the section 139A of the Income Tax Act, 1961 with effect from 1st April 1976.
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