Tax Planning

Creating a Hindu Undivided Family (HUF) is an excellent way for families to reduce their tax burden. An HUF is recognized as a separate legal entity under Indian law, offering significant tax-saving benefits for the entire family. What is an HUF? An HUF is a family-based entity that allows its members to save on taxes […]

Introduction A Hindu Undivided Family (HUF) is a unique tax entity recognized in India that offers excellent opportunities for tax savings. In this article, we will explore the key aspects of HUF, including its formation, members, and tax benefits. What is HUF? HUF, or Hindu Undivided Family, is a family unit that allows its members