Inherited stocks, gold, money,silver are exempt from income-tax.

Hello,
After so many days I am posting in this forum. Today, it came to my notice that government of india put restrictions on the stock of gold, an individual, mothers and daughters can keep in their home.
But all the inherited gold, silver, money, cash, mutual funds and properties are exempt from income tax. That means this restriction is on new purchases of any such assets made by any person. So many rich people would have inherited gold, money, land, and other assets in their home.Are all these assets are taxable?

Inherited stocks, gold, money,silver are exempt from income-tax.