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Discover HUF (Hindu Undivided Family) for tax savings and wealth management. Learn its benefits, creation process, and how to open a HUF demat account with Groww. Learn about the returns, forms, tax slabs and deductions applicable for HUF for the assessment year 2025-2026. Find out the eligibility criteria, due dates, and online portals for filing ITR-2, ITR-3, ITR-4 (SUGAM) and other forms. HUF is one of the most effective tax saving strategies in Indian income tax law. Buddhist, Jain and Sikh families are also considered Hindu Undivided Family under the law. An HUF is usually headed by Karta, the senior most member of the family, and is composed of other members or coparceners. An Hindu Undivided Family ( HUF ) is treated as a separate person under the Income Tax Act. It can own property, earn income, and claim deductions like Section 80C, 80D, and capital gains exemptions, thus ... HUF means Hindu Undivided Family. Learn how it works, who can form it, its tax benefits, PAN card process, and how to legally save tax via HUF .
