Tag Archives: #HUFandFinancialPlanning

Can HUF open current account?

HUF Individual or Non Individual

Current Account Of HUF Current Account Of HUF: To open a current account, you typically need to follow these steps: Choose a Bank: Research different banks and compare their offerings, such as fees, services, and locations, to find the one that suits your requirements. Compile the Essential Documents: Assemble the required paperwork, which could encompass… Read More »

Are HUF eligible for NPS?

HUF

Are HUFs Eligible for NPS The National Pension System (NPS) is a government-backed retirement savings scheme in India, designed to provide financial security post-retirement. While many individuals are aware of their eligibility to invest in NPS, a common query arises regarding Hindu Undivided Families (HUFs) and their participation in this scheme. Eligibility of HUF for… Read More »