{
  "id": 14965791,
  "title": "How much gold and silver can you legally keep at home?",
  "url": "https://urgent.news/2026/10/16/how-much-gold-and-silver-can-you-legally-keep-at-home",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-16T13:30:00.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/how-much-gold-and-silver-can-you-keep-at-home-without-tax-trouble-500g-for-married-women-250g-for-unmarried-women-and-100g-for-men-and-why-they-are-not-tax-free-limits/articleshow/134987512.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The legal limit on how much gold and silver one can keep at home or in a bank locker is not prescribed by law, according to Chartered Accountant Suresh Surana. The key factor is whether the assets were acquired legally and the owner can explain their origin. In a recent case in Mumbai, the Income Tax Department seized various gold and silver items from a woman's residence and bank lockers, treating them as unexplained assets. The woman defended her possessions by explaining that they had accumulated over decades through gifts, inheritance, and purchases. The Income Tax Assessing Officer accepted her explanation partially, aligning with CBDT Instruction No. 1916, which provides indicative quantities for seizure purposes but does not establish an absolute exemption or statutory upper limit on the amount of jewellery a person may own.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}