Lok Sabha Question No. 2327 (UNSTARRED), answered on 2016-03-11
Subject: PAN Card
Ministry: FINANCE
Asked by: DALPAT SINGH PARASTE

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION NO.2327

TO BE ANSWERED ON FRIDAY, THE 11 th  March, 2016

PHALGUNA 21, 1937 (SAKA)

## PAN Card

## 2327. SHRI DALPAT SINGH PARASTE

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has taken cognizance that the rule forcing buyers of high-value jewellery to disclose their Permanent Account Number (PAN) has boosted unofficial trading;
- (b) the number of PAN card holders in the country, State-wise;
- (c) the quantum and value in rupees of smuggled gold estimated to be in circulation in the country; and
- (d) the steps being taken by the Government to stop jewellers and buyers from issuing many small invoices and informal receipts to circumvent the new gold rule?

## ANSWER MINISTER OF STATE FOR FINANCE

(SHRI JAYANT SINHA)

- (a) Rule 114B of the Income-tax Rules, 1962 inter alia requires that every person shall quote his PAN in all documents pertaining to sale or purchase, by any person, of goods or services of any nature other than those specified at Sl. Nos. 1 to 17 of the Table given in that Rule, if any, where the amount involved exceeds Rs.2 lakh per transaction. Such requirement has come into force w.e.f. 01.01.2016. At this stage, there does not appear any evidence suggesting that the requirement of PAN disclosure  for  high  value  financial  transactions  has  boosted  unofficial  trading  in  jewellery sector.
- (b) Presently, there are 24,56,58,600 PAN card holders. Its State-wise break-up on the basis of the State mentioned in communication address of the PAN card holder is enclosed as Annexure.
- (c) There is no such official estimation available.
- (d) Appropriate action against evasion of taxes or an act forbidden under direct taxes laws is an on-going process. Such action under the laws includes searches, surveys, enquiries, assessment of income,  levy  of  taxes,  penalties,  etc.  and  filing  of  prosecution  complaints  in  criminal  courts, wherever applicable.

*******

Annexure STATUS OF PAN STATE WISE (STATE PRESENT IN COMMUNICATION ADDRESS)

| STATE DESCRIPTION                                              |   PAN Count |
|----------------------------------------------------------------|-------------|
| ANDAMAN AND NICOBAR ISLANDS                                    |      130103 |
| ANDHRA PRADESH                                                 |    16192690 |
| ARUNACHAL PRADESH                                              |      241904 |
| ASSAM                                                          |     7999019 |
| BIHAR                                                          |     9984925 |
| CHANDIGARH                                                     |      679835 |
| DADRA AND NAGAR HAVELI                                         |      159457 |
| DAMANAND DIU                                                   |      179304 |
| DELHI                                                          |    11127678 |
| GOA                                                            |      761692 |
| GUJARAT                                                        |    16445890 |
| HARYANA                                                        |     7131052 |
| HIMACHAL PRADESH                                               |     1778990 |
| JAMMU AND KASHMIR                                              |     1741990 |
| KARNATAKA                                                      |    13916429 |
| KERALA                                                         |     6665195 |
| LAKHSWADEEP                                                    |       11464 |
| MADHYA PRADESH                                                 |     9220985 |
| MAHARASHTRA                                                    |    42736487 |
| MANIPUR                                                        |      327044 |
| MEGHALAYA                                                      |      329885 |
| MIZORAM                                                        |       53945 |
| NAGALAND                                                       |      240928 |
| ORISSA                                                         |     5488422 |
| PONDICHERRY                                                    |      325557 |
| PUNJAB                                                         |     7116230 |
| RAJASTHAN                                                      |    10329098 |
| SIKKIM                                                         |      145651 |
| TAMILNADU                                                      |    16505842 |
| TRIPURA                                                        |      574567 |
| UTTAR PRADESH                                                  |    24098801 |
| WEST BENGAL                                                    |    21674367 |
| CHHATISHGARH                                                   |     3104388 |
| UTTARAKHAND                                                    |     2084306 |
| JHARKHAND                                                      |     4183223 |
| TELENGANA                                                      |      902155 |
| OTHERS (FOREIGN, DEFENCE, STATE NOT PRESENT IN PAN DATA, ETC.) |     1069102 |
| TOTAL                                                          |   245658600 |