How Much Gold Can You Keep at Home? Tax Details Explained!

Varahi Media Online News, March 16, 2025: For Indians, gold is not just an investment but an integral part of traditions and emotions. Buying gold during weddings and festivals is a common

Varahi Media Online News, March 16, 2025: For Indians, gold is not just an investment but an integral part of traditions and emotions. Buying gold during weddings and festivals is a common practice. But do you know how much gold you can legally store at home? What are the guidelines set by the Income Tax Department? Here’s everything you need to know about gold storage regulations and taxation.

How Much Gold Can You Store at Home?

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According to the Central Board of Direct Taxes (CBDT), there are specific limits on the amount of gold one can keep at home based on their marital status:
✔ Married Women – Up to 500 grams of gold
✔ Unmarried Women – Up to 250 grams of gold
✔ Married Men – Up to 100 grams of gold
✔ Unmarried Men – Up to 100 grams of gold

If you own gold within these limits, no official raids or inspections can be conducted. However, if the gold exceeds these limits, you must provide a valid source of income to justify the possession.

How Much Tax Do You Pay When Selling Gold?

If you plan to sell gold, you will have to pay tax based on the holding period:
🔸 Selling within 3 years → Short-Term Capital Gains Tax (STCG) applies.
🔸 Selling after 3 years → Long-Term Capital Gains Tax (LTCG) applies.

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