What you need
- PAN card (mandatory above ₹2 lakh) and one address proof
- A self-declaration that the gold is family-owned
- Bank account in the seller's name
- Optional: will, succession or legal-heir certificate if the family has one
Tax on inherited gold — the basics
Receiving gold by inheritance is not taxed. When you sell it, capital gains apply. The previous owner's holding period and cost are counted, so most inherited gold is long-term and taxed at 12.5% on the gain (without indexation). For gold bought before 1 April 2001, the fair market value on 1 April 2001 can be taken as the cost. Read our guide to tax on selling gold and confirm with your CA.
Discreet by design
Family gold is personal. Our valuer meets only the people you choose, can visit at a time when the house is quiet, and never photographs your jewellery without consent.