HUF taxation rules A Hindu Undivided Family (HUF) taxation rules is a legal entity recognize under Indian law and operates based on the principles of the joint family system. Here’s how an HUF typically works: Formation: An HUF is form when members of a Hindu family come together under a common ancestor and decide… Read More »
Invest Invest, No, a Hindu Undivided Family (HUF) cannot in the National Pension System (NPS) in India. The NPS is a voluntary retirement savings scheme regulate by the Pension Fund Regulatory and Development Authority (PFRDA), and it is primarily design for individual taxpayers, including salaried employees, self-employed individuals, and non-resident Indians. As per the NPS… Read More »
HUF Invest in NSC Yes, a Hindu Undivided Family (HUF) in India can invest in National Savings Certificates (NSC). NSC is a popular investment option offered by the Indian government. It is a fixed-income investment scheme that allows individuals and HUFs to invest and earn interest over a specified period. For more information to visit:… Read More »