Tax Planning for HUF A Hindu Undivided Family (HUF) can be a useful entity for tax planning purposes in India. Here are some key considerations for tax planning with an HUF: Separate Tax Entity: An HUF is treat as a separate tax entity for income tax purposes. It has its own PAN (Permanent Account… Read More »
HUF for Tax A Hindu Undivided Family (HUF) can be a tax-efficient entity in India. Here are some key points regarding tax planning and benefits for an HUF: Separate Tax Entity: An HUF is treated as a separate tax entity for income tax purposes. It has its own PAN (Permanent Account Number) and files… Read More »
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 »
