While there are over 25 cr PAN holders in the country, actual number of taxpayers is about 5 cr
The NATGRID, a network aimed at sharing information about terrorists among security agencies, will now be getting access to the Income Tax Department's PAN records and individual taxpayers' data.
The ambitious project conceived by the then Home Minister P Chidambaram during UPA II rule will soon be getting new powers to access tax payers' information after it signs a Memorandum of Understanding (MoU) with the Income Tax department.
According to an order issued by the Central Board of Direct Taxes, the department will share 'bulk information', starting from the Permanent Account Number (PAN) to the taxpayer's name and all the individual data that it captures like father's name, gender, date of birth, photograph and signature or thumb impression.
The department will also share with the National Intelligence Grid (NATGRID) all information available in the department's database regarding residential and office addresses, addresses for communication, email addresses and phone and mobile numbers of all the taxpayers.
The MoU with the NATGRID that functions under the Union home ministry will also include confidentially clause so that transfer of personal data is safe.
The ambitious project conceived by the then Home Minister P Chidambaram during UPA II rule will soon be getting new powers to access tax payers' information after it signs a Memorandum of Understanding (MoU) with the Income Tax department.
According to an order issued by the Central Board of Direct Taxes, the department will share 'bulk information', starting from the Permanent Account Number (PAN) to the taxpayer's name and all the individual data that it captures like father's name, gender, date of birth, photograph and signature or thumb impression.
The department will also share with the National Intelligence Grid (NATGRID) all information available in the department's database regarding residential and office addresses, addresses for communication, email addresses and phone and mobile numbers of all the taxpayers.
The MoU with the NATGRID that functions under the Union home ministry will also include confidentially clause so that transfer of personal data is safe.
According to data, while there are over 25 crore PAN holders in the country, the actual number of taxpayers is about 5 crore....
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