How Much Gold Can You Hold At Home In India? India Doesn't Have Strict Limit On Gold Ownership But There Are Different Limits For Physical Gold Jewellery You Can Hold An Unmarried Woman Can Hold 250 Gms Of Gold Ornaments, Jewellery Married Women Are Allowed To Hold 500 Gms Of Gold Jewellery And Ornaments Men, Both Married And Unmarried, Can Possess 100 Gms of Gold Jewellery If Your Possession Exceeds These Limits, Save The Income Proofs To Show To Tax Authorities If Your Income Exceeds Rs 50 Lakh, Ensure You Declare Gold As Domestic Asset In ITR Gold Received As Gift From Friends, Family In Marriage Or Inheritance Is Exempted From Tax