Produced by: Manoj Kumar
An old CBDT rule from 1994 still lets Indian households legally store up to ₹1 crore in gold—no receipts, no tax questions asked. And yes, it still holds up in raids.
You can legally hold 500g of gold as a married woman with zero documentation. That’s over ₹43 lakh in value—sitting in a locker, untaxed, untouched.
A family of four can store 950 grams of gold—worth ₹82 lakh—without ever proving how they got it. It’s not a hack. It’s official government policy from 1994 that still stands.
Taxmen can’t touch your stash if it falls within this century-old limit. The rule? Stick to the gram caps. The value? Irrelevant. The paperwork? Not required.
The gold tax rule wasn’t made for black money—but that hasn’t stopped it from being used that way. Gold becomes a legal vault for undocumented income in many Indian households.
The CBDT set limits in 1994, when gold was ₹350/gram. It’s now ₹8,700—but the rules haven’t changed. That means 500g once worth ₹1.75 lakh is now ₹43 lakh. Still tax-free.
Married women get 500g, men just 100g. The result? Families route undocumented gold through female members to maximize the protection window.
Despite a 15x jump in gold prices, the government hasn’t revised the gold-holding thresholds. The result: a rule meant for modest savings now protects near-crore stashes.
Exceed the limit without documents, and you’re looking at a 78% penalty. But stay just below it, and even ₹1 crore worth of gold is fully safe—and fully legal.