LPG subsidy: Income Tax department to share data of taxpayer who earn over Rs.10 lakh

The Income Tax department will soon begin sharing with the Petroleum and Oil Ministry details of all individual taxpayers whose annual income exceeds 10 lakh rupees. The tax department, apart from sharing the names of such people, will also share personal details of a taxpayer like Permanent Account Number (PAN), date of birth, gender, all available addresses in the I-T database, email id and the residential phone and mobile



numbers.

The move has been approved by the policy-making body of the department, the Central Board of Direct Taxes (CBDT), in the backdrop of government's decision which had said that tax payers with annual income of more than 10 lakh rupees will not get subsidised cooking gas (LPG).

The government has already asked well-off people to voluntarily give up using subsidised LPG and instead buy cooking fuel at market price.