The festive season has started. Only a few days are left for Dhanteras and Diwali. This year the festival of Dhanteras will be celebrated on 29 October. Dhanvantari Dev, Lakshmi Ji and Kuber Maharaj are worshiped on this day. According to mythological beliefs, buying new things on this day is considered very auspicious. For this reason, many people shop for utensils, vehicles, gold and silver on the day of Dhanteras.
The tradition of buying gold in the country is very old. Beautiful gold jewelry is used as makeup in our country. If you are going to buy gold on the occasion of Dhanteras, then you should know about this, how much gold can you legally keep in your house? Today we are going to tell you about this.
Under the rules of Income Tax laws, the limit for keeping gold at home has been fixed. Under the rules, you can keep only a limited amount of gold in your house. If you keep more gold than this, then in this situation you will have to show proof of it.
According to the rules of Income Tax laws, married women can keep 500 grams of gold with them. Apart from this, women who are not married can keep up to 250 grams of gold with them.
Apart from this, men can keep up to 100 grams of gold with them. Under the rules, if the gold is found within this limit, then the government will not confiscate the gold from you.
If you have more gold than the limit set by the rules of Income Tax laws, then you will have to show its receipt and proof. You should know that you do not have to pay any kind of tax on the gold kept at home. Apart from this, if you sell it, then you have to pay tax on it.
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