India Gold Limit: Know How Much Gold You Can Legally Keep Without Proof
Business
N
News18•07-01-2026, 16:25
India Gold Limit: Know How Much Gold You Can Legally Keep Without Proof
- •No legal limit on gold if its source can be explained; CBDT guidelines define non-seizure thresholds during tax operations.
- •Married women can keep 500g, unmarried women 250g, and men 100g of gold jewellery without proof.
- •Hindu Undivided Family (HUF) limits are based on income/status, not a fixed amount.
- •Exceeding these limits without proof can lead to 60% tax, surcharge, cess, interest, penalties, and confiscation.
- •These limits don't apply to investment gold, ingots, coins, bars, or gold hoarded for business/speculation.
Why It Matters: Know India's gold limits to avoid tax issues; legitimate source and documentation are key.
✦
More like this
Loading more articles...
