India's taxation framework focuses on individual income. Unlike other nations that integrate family structures into tax laws, ...

Marrying a person of another faith does not result in an automatic conversion to their religion, Delhi High Court has ...

Form a Family Unit: Only a Hindu family can form an HUF, which includes lineal descendants and spouses. For example, if ...

In December 2015, the Delhi High Court gave a decision, stating that a daughter can be the Karta of an HUF (Hindu Undivided Family). The root of this decision lies in the amendment passed &#82 ...

I want to make a HUF. Getting a PAN card is not a problem. The problem is capital. Where do I get capital from? We are husband and wife (both earning), and we have two minor daughters. We don’t ...

Please register yourself for unlimited free access. Redirecting to register page ...

The chorus for Bhagwat’s head seems to be getting louder by the day. This is unprecedented. The RSS sarsanghchalak is the most venerated position in the century-old organisation with over 10 million ...

The feud between Babasaheb Kalyani and sister Sugandha Hiremath intensifies as she claims ownership of a third of Kalyani’s ...

While creating an Hindu Undivided Family (HUF) may be useful for tax planning and investments, one has to be mindful that it entails issues in joint families and poses legal challenges in ...

Budget 2025: Indian families are now recognising the financial benefits of forming a Hindu Undivided Family (HUF), a legal entity that provides substantial tax advantages according to the Income ...