How Much Gold You Can Legally Keep at Home Without Proof

No Limit on Gold at Home

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Married Women

[{"selector":"#anim-3bef5806-20ad-4b98-9ee6-a9337fff4ed0","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Married women can keep up to 500 grams of gold at home.

Unmarried Women

[{"selector":"#anim-196a1e20-ed8a-419a-9ab5-196bcd9b5ad1","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Unmarried women can keep up to 250 grams of gold at home.

Men

[{"selector":"#anim-e9a5f963-f187-4201-86fc-c9ae1e1df904","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Men can only keep up to 100 grams of gold at home.

Income Source

[{"selector":"#anim-702bd39f-8731-4ebe-9e96-339f6a14d186","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] You have to disclose the income source used for buying the gold.

Tax on Gold

[{"selector":"#anim-a1d5414d-a700-463b-acf3-51a717f752ed","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The purchase of gold bars and coins incurs a tax of up to 3 percent.

Jewellery Tax

[{"selector":"#anim-95f686fc-3b3c-4d66-aae4-f547550ffed2","keyframes":{"opacity":[0,1]},"delay":1400,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The purchase of jewellery and making charges incur a 5 percent GST.