Huf: Discover all about Hindu Undivided Family

Discover all about Hindu Undivided Family ( HUF ) formation, evaluation, tax planning, and more. Understand the criteria and limitations of a Joint Hindu Family Business. HUF stands for Hindu Undivided Family, a collective family unit formed for tax-saving purposes by aggregating or pooling assets. Explore the meaning and income tax slabs and rates for AY 2025-26. A HUF (Hindu Undivided Family) is a legal family unit under Hindu law. Learn how to form one, its tax benefits, rules, pros, cons, and who can be a member. Learn how HUFs (Hindu Undivided Families) are assessed for income tax in India. Explore key rules, income sources, exemptions, filing norms, and tax-saving benefits for effective wealth management.