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What is Hindu Undivided Family (HUF)
Latest Updates on Hindu Undivided Family
Sebi plans to eliminate the minimum investment requirement of Rs 25 lakh for angel investors
Under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/email address for more than one client
HUFs can also claim tax benefits on home loan repayments, insurance premiums, and other tax-saving investments
AIMIM chief Asaduddin Owaisi said that the Union Civil Code Bill forces Muslims to follow the culture of other religions
What does Infosys guidance say about Indian IT's future? Why do tomato prices hurt India every year? Can the rally in auto stocks run out of fuel soon? What is a Hindu Undivided Family? Answers here
Currently, a debate is going on about the status of the HUFs, following the implementation of the Uniform Civil Code on which the Law Commission has invited comments from the public
If electric vehicle is for personal use, avail deduction on interest paid; if for business purpose, treat as expense
Mahant Narendra Giri, the president of Akhil Bharatiya Akhada Parishad, was found dead on Monday at Baghambari Muth
The development comes after the shareholders of AIL voted against the induction of Arunachalam into its board
Lawyers say this judgment can open a can of worms as women in many business families can now assert their right to an equal share in inheritance
Succession in business families: Judgment clears the air but its real-world application limited
The verdict makes it clear the amendment to the Hindu Succession Act, 1956 granting equal rights to daughters to inherit ancestral property would have retrospective effect
The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
Wealthy don't prefer it after courts have allowed daughters to be an equal partner in their father's HUF after marriage
On August 31, the Law Commission of India recommended abolishing the concept of a Hindu Undivided Family to increase tax revenues as part of family law reforms.
Income tax experts believe that this proposal has been made primarily because of the government's increased focus on tax compliance