Diwali Gold Gift Tax Rules: Understanding Exemptions and Obligations in India

Oct 17, 2025 07:25 pm CST

Discover the tax implications of gold gifts during Diwali in India. Learn about tax exemptions for gifts from relatives, the Rs 50,000 threshold for non-relative gifts, and taxation rules when selling gold. This guide explains how Indian tax laws apply to gold jewelry and coins received during festivals and celebrations.