3 days Ago By James Paul
Indian women hold 11% of the world’s gold at 24,000 metric tons, which is several times more than the USA (8,133 tons), Germany (3,362 tons), Italy (2,451 tons), France (2,436 tons), and Russia (2,298 tons). South India takes the major slice of this reserve at 40% of the total share. At 28%, Tamil Nadu has the highest share in South India.
The Indian household’s gold reserves make up 40% of the country’s GDP. The report was released by the Oxford Gold Group. Per the Indian Income Tax regulations, married women are permitted a reserve of 500 grams of gold without levying taxes on the same.
Indian women collectively hold a staggering 24,000 tons of #gold , surpassing the reserves of the top five countries combined. This cultural tradition, especially prominent in #SouthIndia , represents 11% of the world's gold and a significant portion of India's GDP. Know more.
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twitter.com/yGiCO8W8Vs — The Times Of India (@timesofindia) December 30, 2024 Indian women now own and hold 11% of the world’s gold, which is MORE than the next top 5 country’s reserves: 🇮🇳 Indian women - 24,000 tonnes 🇺🇸 USA - 8,133 tonnes 🇩🇪 Germany - 3,362 tonnes 🇮🇹 Italy - 2,451 tonnes 🇫🇷 France - 2,436 tonnes 🇷🇺 Russia - 2,298 tonnes pic.twitter.
com/El6ZxYsZhX — Pubity (@pubity) December 29, 2024 Indian Women Own 11% of the World’s Gold ▶️ Indian women hold about 24,000 tons of gold, 11% of global gold reserves. ▶️ Their gold exceeds the combined reserves of the US, Germany, and more. ▶️ South India owns 40% of India’s gold, with Tamil Nadu at 28%.
▶️ Gold plays a key...
pic.twitter.com/6z1tbpaN0k — Sneha Mordani (@snehamordani) December 30, 2024 Reactions poured in on the report, with social media users taking a jibe at the status as several invoked the name of FM Sithraman.
One user remarked, “Mat batao nahi toh tai is par bhi tax lga degi.” “Please don’t give ideas to FM,” requested another user. “If Indian women were a country, its GDP would be higher than many countries,” commented an elated netizen.
Several users dubbed the soft gold power of Indian women as ‘Nari Shakti.’ Mat batao nahi to Tai is par bhi tax laga degi 😭 — Starryyyy (@Starryyyy374523) December 30, 2024 Lo ab Nirmla ji ladies k piche lag jayegi. — Raj Kumar Arora (@Raajarora1974) December 30, 2024 #Narishakti — Dr.
ViveK Nuktey 🇮🇳 (@NukteVivek) December 30, 2024 Please don't show this fact to finance ministery 😂 — CA Anurag Sharma (@caanuragwriter) December 30, 2024 Lets not give Nirmala Tai any new ideas. If she hears middle class women have any wealth left after she is done taxing them to death, she will add 30% capital gains tax and 28% GST to Gold — Chetan Kaul (@chetan_kaul) December 30, 2024 If Indian women were a country, it’s GDP would be higher than many countries :) — Manas Muduli (@manas_muduli) December 30, 2024 Don’t give ideas to FM, it’s not something to show-off. People have strengthened themselves with gold on their own, government doesn’t have to do anything with that.
Else, FM will again bring up some tax on this wealth normal people have. — The Public Narrative (@pubnarrative_) December 30, 2024 See Also: ‘Got Scammed’ Blinkit User Got Wrong Gold Coin With Complaint Window Closed; Company Reacts After Online Backlash See Also: Dubai Unveiled Unique Notes Made Of 24 Carat Gold; What Would You Buy With It? See Also: India Gets Its First Gold ATM In Hyderabad! Here’s How It Works See Also : World’s Richest Temple Tirumala Tirupati Achieved A Record FD Of Rs 1161 Crore In FY 23-24; Its Cash Reserve Is..
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