goldtaxrules

📊 GOLD & INCOME TAX ALERT | INDIA

Filing ITR for FY24-25? Here’s what you need to know about how much gold you can hold without risk of seizure 👀

🪙 Non-seizable gold limits (jewellery only):

Married women: up to 500 g

Unmarried women: up to 250 g

Men: up to 100 g

⚠️ Coins & bars can be seized if you can’t explain their source.
💡 Holding more than these limits isn’t illegal — just keep invoices, inheritance papers, or proof of purchase.

💬 Key takeaway: Weight matters, not price. Documentation keeps you safe.

#GoldTaxRules #ITR2025 #GoldHoldings #FinancialNews
$PAXG

📊 Gold & Income Tax: How Much You Can Hold Without Seizure
As Indians file Income Tax Returns for FY24-25, new clarity emerges on how much gold you can hold without an invoice and without risk of seizure during an Income Tax raid — only the weight matters, not the gold price.

• 🪙 Non-seizable gold limits:
– Married women: up to 500 g
– Unmarried women: up to 250 g
– Men: up to 100 g
(These weights are exempt from seizure under CBDT Instruction No. 1916, even if you don’t have an invoice.)

• 📜 Only gold jewellery/ornaments qualify under these limits — coins & bars can be seized if you can’t explain their source.

• 📝 Holding more than these limits is not illegal — just ensure you have invoices, inheritance documents, or proofs showing how it was acquired.

“At tax time, it’s the weight of jewellery that matters, not market value. Proper documentation lets you own more without risk during scrutiny.

#GoldTaxRules #IncomeTax #ITR2025 #GoldHoldings #FinancialNews $PAXG