If you have necessary documents, you can keep unlimited gold at home.
Gold storage limit in India: Gold is liked not only in India but all over the world. Not only this, gold is considered the safest investment for bad times. With gold you can not only fulfill your hobbies but also invest for the future. In India, women especially like to wear gold. However, now men are also showing great interest in gold jewellery. But many people have various questions in their minds regarding the limit of keeping gold at home. Today we will learn about the limit of keeping gold at home.
If you have necessary documents then you can keep unlimited gold at home
According to Kotak Life, there is no limit for keeping gold at home for those people who have all the necessary documents related to income, tax and gold. That means such people can keep as much gold as they want in any form in their house. But, if you do not have the necessary documents related to income and tax, then you can keep gold only within a fixed limit. Let us tell you that the limit for keeping gold is different for married women, unmarried women and men.
Married woman can keep 500 grams of gold at home
A married woman can keep a maximum of 500 grams of gold at home. Whereas an unmarried woman can keep 250 grams of gold at home. Whereas for men this limit is only 100 grams. Married or unmarried men can keep 100 grams of gold at home. Let us tell you that this limit for keeping gold at home is for one person. For example, if your family consists of your wife, your mother and father, then you can keep a total of 1200 grams of gold in your house.
Latest Business News
