HUF Registration Process | Hindu Undivided Family
HUF Registration Process | Hindu Undivided Family
May 6, 2020
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No Tax on 28 Lakh Income #money #finance #indian #family #hindu
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Abhimanyu Singh Dabi on Instagram: "🚨 If your family income has crossed ₹7 lakh… and you’ve still NOT created an HUF, you’re literally overpaying tax every single year. Most people don’t know this, but HUF = LEGALLY a third taxpayer in your family (for Hindu, Jain, Sikh, Buddhist families). That means… 👉 Your income has its own 7 lakh exemption 👉 Your spouse has separate exemption 👉 And your HUF ALSO gets a completely separate 7 lakh exemption under the new regime Yes — one family, three tax
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