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

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

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.

1 Min read
Author : Richa Barua
Published : Dec 08 2024, 06:38 PM IST
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15
Gold Storage Limit

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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25
Gold

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.

35
Gold Storage

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

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

Gold Limit Rules

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

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About the Author

RB
Richa Barua
With over two decades of experience in top media outlets like Times of India, International Business Times, and India Today, Richa currently leads Newsable and MyNation (Entertainment and Lifestyle) non-news team at Asianet News Network. Her expertise includes celebrity interviews, audience growth, and content strategy, backed by an Executive Program in Digital Marketing from IIM Calcutta, along with a journalism degree from Delhi University, a master's in media studies and corporate communications.
Income Tax

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