Gold In India: How much 22 and 24 carat can a Man and Woman keep at home?

Published : Dec 08, 2024, 06:38 PM IST

It's crucial to know the permissible gold limits for married women, unmarried women, and men. Exceeding these limits requires submitting proof to the Income Tax Department.

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Gold In India: How much 22 and 24 carat can a Man and Woman keep at home?
Gold Storage Limit

Women's love for gold is undeniable. Even with record-high prices, the gold market remains strong. Many women possess more gold than they wear.

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Gold

There's a limit on gold storage in India. Exceeding this limit can lead to confiscation and further action by the Income Tax Department. The limit varies for each individual.

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Gold Storage

The CBDT sets gold limits. Married women can hold 500g (62.5 pavun). Possessing gold below this limit avoids legal action.

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Gold Rate

Unmarried women can hold half the amount allowed for married women: 250g (31.25 pavun). Men can hold 100g (12.5 pavun).

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Gold Limit Rules

Exceeding the gold limit requires submitting proof of purchase and income source to the Income Tax Department.

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