Gold Storage in India: How Much Can You Really Keep at Home Without Raising Red Flags?
Gold isn’t merely an investment here—it’s part of our culture, woven into weddings, festivals, heirlooms. But owning gold also brings questions: how much can you store at home before the tax department starts asking uncomfortable questions?
What the Law Says: Possession Limits & Protection
The CBDT (Central Board of Direct Taxes) has defined thresholds beyond which you may need to explain your holdings. PUNE PULSE – Trusted-Connected-Targeted
- Married woman: up to 500 grams
- Unmarried woman: up to 250 grams
- Married/unmarried man: up to 100 grams PUNE PULSE – Trusted-Connected-Targeted
Within those limits, your gold is generally safe from confiscation during a search—so long as you aren’t withholding proof of legitimate acquisition. PUNE PULSE – Trusted-Connected-Targeted
If you exceed those limits, the onus shifts: you must show where the extra gold came from—declared income, gifts, inheritance, etc. PUNE PULSE – Trusted-Connected-Targeted