HUF eligibility for IPO A HUF eligibility for IPO can apply for an Initial Public Offering (IPO) by following the general process that individual investors follow. Here are the steps involve in applying for an IPO as an HUF: Demat Account: Ensure that the HUF has a demat account. A demat account is require… Read More »
Investment by HUF An HUF (Hindu Undivided Family) can invest in various avenues based on its investment objectives, risk tolerance, and financial goals. Here are some common investment options where an HUF can consider investing: 1.Stocks and Equities: HUF can invest in shares of publicly traded companies through the stock market. It can purchase… Read More »
Can HUF Invest in NPS When it comes to planning for retirement, the National Pension System (NPS) is a popular choice among Indian investors due to its tax benefits and structured retirement planning. However, if you’re part of a Hindu Undivided Family (HUF), you might be wondering whether HUFs can invest in this scheme. Let’s… Read More »
Can HUF Invest in NSC Hindu Undivided Families (HUFs) play a significant role in the Indian financial landscape, providing a unique structure for family businesses and investments. One of the questions often asked is whether HUFs can invest in the National Savings Certificate (NSC). Let’s explore this topic in detail. What is HUF? A Hindu… Read More »
What is an NPS Account? NPS is a long-term, voluntary retirement savings scheme managed by the Pension Fund Regulatory and Development Authority (PFRDA). Under NPS, subscribers can make regular contributions to build a retirement corpus. Upon reaching the age of retirement (60 years), they can withdraw a portion of the accumulated savings as a lump… Read More »
HUF invest in Mutual Fund When it comes to investing in mutual funds, many people wonder whether a Hindu Undivided Family (HUF) can participate in these opportunities. The answer is a resounding yes! A HUF, recognized as a separate legal entity in India, can indeed invest in mutual funds. What is a HUF? A HUF… Read More »
Can HUF Claim 80C Deduction In India, the Income Tax Act provides various avenues for taxpayers to claim deductions and reduce their taxable income. One of the most popular sections under which deductions are claimed is Section 80C. This section allows individuals and Hindu Undivided Families (HUFs) to claim deductions for investments and expenses, up… Read More »
