Hindu Undivided Family (HUF) Benefits Explained in Telugu | Save upto ₹24 Lakh Tax

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In this comprehensive KZread video, delve into the intricate concept of the Hindu Undivided Family (HUF). Exploring the foundations of Indian taxation and family structures, this video elucidates the unique aspects and implications of an HUF.
Beginning with a historical and cultural context, the video navigates through the origins and significance of the HUF in Hindu law, showcasing its role as a distinct entity for tax purposes. It explores the formation and composition of an HUF, emphasizing the joint family structure and the concept of coparcenary rights.
Moreover, the video delves into the taxation aspects, elucidating the tax benefits and provisions applicable to an HUF under Indian tax laws. It explicates the nuances of income tax exemptions, deductions, and other financial advantages available to HUFs, providing practical insights for viewers seeking to optimize their tax planning strategies.
Furthermore, the video discusses the legal procedures involved in creating and managing an HUF, highlighting essential considerations for individuals contemplating the formation of such a family structure.
With a blend of informative content and practical insights, this KZread video serves as an educational resource for viewers keen on comprehending the nuances of Hindu Undivided Families, catering to both novices and individuals seeking in-depth knowledge on this significant aspect of Indian taxation and family dynamics.
Do watch the vide till the end and share it with your friends and family.
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00:00 Intro
02:48 The HUF
03:21 Who are Hindus As Per HUF & Types Of HUF
04:23 Who Can Form HUF
06:12 Who Are Karta, Coparceners & Members
08:25 The Amendments
10:20 The Execution
13:21 Case Study on HUF taxation
17:35 Disadvantages Of HUF

Пікірлер: 369

  • @MoneyPurse
    @MoneyPurse Жыл бұрын

    To Support our channel , use below links 👇 You can compare Term Insurance here bit.ly/46hsSJA You can compare Health Insurance here tinyurl.com/pgc9dcxc Get Best & Free Credit cards Apply Now IDFC free Credit Card (Free) - wee.bnking.in/ZTFkZTc1 AU Credit Card (Free) wee.bnking.in/NmZkNGQ4

  • @ravikiran6889

    @ravikiran6889

    Жыл бұрын

    Tq for your valuable words about HUF Please do zero tax mutual funds ,.

  • @rajendermaggidi6523

    @rajendermaggidi6523

    Жыл бұрын

    😊

  • @ravindranathpuvvada1966
    @ravindranathpuvvada19667 ай бұрын

    Very useful for wealth creation legally.🎉🙏

  • @venumohan2756
    @venumohan27566 ай бұрын

    WOW.... Great Discussion... Excellent explanation about HUF.... AWESOME Information Sai Krishna Garu 👍

  • @BtechDropout_Trader

    @BtechDropout_Trader

    4 ай бұрын

    What about other religions

  • @tharunmahadev9211
    @tharunmahadev9211Ай бұрын

    Good content brother ✅

  • @kiranthiruveedhula3563
    @kiranthiruveedhula3563 Жыл бұрын

    Good information from MONEY PURSE team. Pls try to create a video on PARTNER SHIP FIRM's Advantages & Disadvantages

  • @RaviShankar-gm9of
    @RaviShankar-gm9of3 ай бұрын

    Ultimate...

  • @yerramsettiumurty7402
    @yerramsettiumurty7402 Жыл бұрын

    Good subject u have taken to clear so many people doubts, T Q verymuch

  • @gvrk0255
    @gvrk0255 Жыл бұрын

    My Gujarati friends told me about HUF concept to save tax. But not aware of pros and cons in HUF. Thank you for information.

  • @dadaeditz3073
    @dadaeditz307317 күн бұрын

    Section 80E includes 80C i.e. maximum 1.5L deduction from 80C , 80D ,80CCD combined

  • @pratapc.r.1569
    @pratapc.r.1569 Жыл бұрын

    This is introductory video. You can explain further with examples and answering the queries also

  • @kumar_immidi
    @kumar_immidi Жыл бұрын

    Thanks for your efforts , my Humble request is pls make a video with Day Trader Telugu bros, because you both brothers team is two eyes for me

  • @RajaSumanReddy
    @RajaSumanReddy3 ай бұрын

    How do we fund the HUF in a tax efficient way? Could you explain about clubbing provisions when funding HUF from salary of Karta?

  • @Dileep_Reddy
    @Dileep_Reddy Жыл бұрын

    Thankyou Money purse Team for the journey of education and knowledge sharing to the society.Iam suggesting the channel for as many people as possible.

  • @Trading_Mindfully
    @Trading_Mindfully Жыл бұрын

    Sai garu..... Amazing video... Really great knowledge.

  • @parthasarathyr.2728
    @parthasarathyr.2728 Жыл бұрын

    Dear Sai Gaaru I request you to make an awareness video for individual investors & HUF investors on investing in an IPO on max limits how normal allocation of shares is done. The best method for aspiring investors together with advantages of HUF Vs Individual investing in IPOs to achieve the best results as shares allotment. I remain with my kindest regards PARTHA.

  • @pavantej9666
    @pavantej9666 Жыл бұрын

    I’m not aware of this topic at all. New topic and good to know. Thank you MP team for making this.

  • @balubathina2437
    @balubathina2437 Жыл бұрын

    # Ask money purse As every citizen need to file ITR. Even daily labour. But unfortunately ther is a mith that if file we loose direct benfits from govt like arogya sri, rathu barosa, etc and others. Better clarification required sir.

  • @hariprasad416
    @hariprasad416 Жыл бұрын

    HI Sai Guru, please make one video on Section 44ADA to save tax

  • @venkatkrishna8578
    @venkatkrishna8578 Жыл бұрын

    Vedio is really good. Today I will follow gradually. Venkat krishna

  • @vinodputta5507
    @vinodputta5507 Жыл бұрын

    Good topic Sai garu.

  • @prabhakaramaddileti9679
    @prabhakaramaddileti9679 Жыл бұрын

    Exlent information Sai garu, thank you very much for your valuable information.

  • @vinaykumar-gn4td
    @vinaykumar-gn4td Жыл бұрын

    Thanks for the wonderful content. In the HUF affidivate DOB of kartha is missing. Recently my affidivate got rejected because of this. Please add DOB and update the document.

  • @aasaanacademy
    @aasaanacademy Жыл бұрын

    Patience, Hardwork and Dedication (my PHD formula) is the key to success in kind of fields.

  • @sivakumarvemuri2288
    @sivakumarvemuri2288 Жыл бұрын

    Thank you for super videos. In India most of the companies have clause of dual job and also shouldn't have business partnership. In that case of a HUF started business then how is this going to be interpreted.

  • @phanirajraichooti
    @phanirajraichooti Жыл бұрын

    Hi Sai garu, thank you for another wonderful video. I was thinking to start a HUF a year ago, did my research, and found some clauses around saving tax. The issue is about funding the HUF, if contributions are made by karta or coparceners or any member of HUF then the tax on the earnings from that funds in HUF will be at their individual tax brackets. For example, if I am in 30% tax bracket and I contribute 10 lakhs this year and earn 1 lakh out of the contributed funds then I need to pay 30% tax on 1 lakh. The earnings will be taxed at HUF tax slabs only if the earnings are made from the funds received from inheritance or funds received as gift money to HUF (from non-members). With this context the 10 Lakhs contributed to HUF from my salary will not benefit anything in terms of tax savings. I request you to take a look at this question and help me to correct my understanding. Thanks in advance.

  • @PavanKumar-fz4bg
    @PavanKumar-fz4bg Жыл бұрын

    Sai garu.. You nailed it andi.. very informative video..

  • @srijaaakula
    @srijaaakula Жыл бұрын

    Such an informative video 😮

  • @pandurangaraonaraparaju2704
    @pandurangaraonaraparaju2704 Жыл бұрын

    I too interested n want to know about. Thank you for providing useful information

  • @deepaktips
    @deepaktips Жыл бұрын

    1.Creation of HUF PAN using deed. 2.Elder male is Karta and remaining are copeople (this is for my remembering) and members. 3.We are using mitakahara system so new born person also having right in the properties. 4. We can create a side income business using our income only not with loans and that business income's tax should be taxed separately. I liked Upto 24 Lacs no tax concept

  • @malleswararaomaguluri6344
    @malleswararaomaguluri6344 Жыл бұрын

    Thank you mp team for valuable information

  • @rameshm7411
    @rameshm7411 Жыл бұрын

    Thanks for the wonderful content.. Please let us know on how to fund HUF..

  • @phanikumarrampalli8
    @phanikumarrampalli8 Жыл бұрын

    Thanks a lot sir for detail explanation

  • @ravuriraju407
    @ravuriraju407 Жыл бұрын

    Really very great informative video.

  • @maniachyuta7203
    @maniachyuta7203 Жыл бұрын

    good morning sai garu... summary: 1. Huf (hindu undivided family.) 2.Applicable in mh and Assam. now all over india. 3.can be used for only for family memebrs. 4.while doing business we can use huf. 5Need to pay gst in business after 30% + . Thnaks for the informaion regarding huf. I have a doubt regarding huf that is clarified now after listening your video. is huf is applicable only for business.

  • @spotnuru83
    @spotnuru83 Жыл бұрын

    One of the best video I ever I saw andi, really nice. I want to know can we move assets already bought to move to this HUF newly formed? so that i can save tax? pls guide

  • @MrGSVSNMURTY
    @MrGSVSNMURTY Жыл бұрын

    Very usefull information like lesson

  • @srikantharvapalli
    @srikantharvapalli Жыл бұрын

    HUF gurinchi telusukovali ani nenu recent ga anukunna... And here I have knowledge base... Thank you Team Money Purse

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @TheJagadeeshreddy
    @TheJagadeeshreddy Жыл бұрын

    Chala good information ❤

  • @SathishGiddigi
    @SathishGiddigi6 ай бұрын

    Hi saai garu, this benefits only for business people not for employees. Whether my understanding correct

  • @techneelalohitintelugu6550
    @techneelalohitintelugu6550 Жыл бұрын

    Good ఇన్ఫర్మేషన్, థాంక్యూ, ssrao

  • @srguduru
    @srguduru Жыл бұрын

    Hi Sai garu, thank you for another wonderful video.

  • @narendrad9333
    @narendrad9333 Жыл бұрын

    Good Work MP Team...🎉

  • @kishoretkumar9311
    @kishoretkumar9311 Жыл бұрын

    EPS 95 higher pension scheme gurinchi explain cheyyndi brother

  • @ramprasadvasavi
    @ramprasadvasavi Жыл бұрын

    Hi Sai Sir, Please explain about 80CCH tax benefit

  • @govindd6073
    @govindd60737 ай бұрын

    what is the deed(affidavit) stamp paper cost we need to use?

  • @sangeetham3364
    @sangeetham3364 Жыл бұрын

    Please explain the benefits of proprietaryship for tax instead of individual name

  • @balajisriram668
    @balajisriram668 Жыл бұрын

    # Ask Money Purse Hi Anna, As you explained it is very good... I have a question regarding, how important it is to keep huf deed even after getting huf pan and what if we lost it. Is there any possibility to get it from PAN centre or do we need to re-create again with the help of lawyer by specifying lost of deed and generate it again?

  • @gnyaneshwark4942
    @gnyaneshwark4942 Жыл бұрын

    Iove you anna ni explaination ki

  • @vamsimaddula8358
    @vamsimaddula8358 Жыл бұрын

    Hi Sai garu, Really appreciate the kind of content you have been doing for improving financial literacy. I am NRI and regularly follow your channel. May I request you to do some videos on how NRI can deal with financial transactions like for instance I want to sell the property in Hyderabad and bring money back to USA. What are the tax implications and tips for reducing taxes etc.

  • @Sandeesh_Srikantam

    @Sandeesh_Srikantam

    Жыл бұрын

    And maybe about transferring funds to India, in the same video.

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Noted

  • @blessable27

    @blessable27

    Жыл бұрын

    My relative is in Canada and he is also looking for this info. It would be really helpful for them if this info is shared.

  • @kals1284

    @kals1284

    7 ай бұрын

    i can assist. Doing it for myself for the last 7 years

  • @ushodayaauto
    @ushodayaauto Жыл бұрын

    wonderful information SAI

  • @rajuasme1
    @rajuasme1 Жыл бұрын

    I was waiting for this video from long back.. Thanks Sai & Team..

  • @hemanthrajakuncham
    @hemanthrajakuncham Жыл бұрын

    Thank you so much for the information..

  • @voiceofjanasainik
    @voiceofjanasainik Жыл бұрын

    Hi Bro, Thanks for sharing valuable information

  • @srenivasaraopavuluri9595
    @srenivasaraopavuluri9595 Жыл бұрын

    Thankyou sai garu

  • @sreeramulupeddi3471
    @sreeramulupeddi3471 Жыл бұрын

    Exlent subject

  • @tulasikrishnadoradla6793
    @tulasikrishnadoradla6793 Жыл бұрын

    Nice video tq u team

  • @gvkrishnasai
    @gvkrishnasai Жыл бұрын

    What about initial funding of Newly formed HUF? Please discuss tax aspects of initial fund. Whether close relatives can give a cheque for initial funding of HUF

  • @rajn5186
    @rajn5186 Жыл бұрын

    Good information Sai garu.. HUF deed, current account, Karta, Coparcners, Members. All these are key points. If we had opened any Proprietary concern in the name of Partner (Wife), Can we execute HUF? since Wife would be also part of HUF

  • @xyz-ll9pk

    @xyz-ll9pk

    Жыл бұрын

    Ofcourse ur wife will be a member and u will be a karta and income tax act prakaram husband and wife relative kinda vastaru so mi wife income separate and huf income separate avtundi and huf lo tanu member ayite huf lo tana share tanu individual file chesetappudu add avtundi

  • @mlnprasad6763
    @mlnprasad6763 Жыл бұрын

    Really you are great. I was working in a marwadi company. They were not disclosing about this. Very happy

  • @venkateshkavididevi1628
    @venkateshkavididevi1628 Жыл бұрын

    In our state Mithakshara HUF benefits are used

  • @jrchaitanya3233
    @jrchaitanya3233 Жыл бұрын

    Sir, can we treat stock market as a passive with less than one year and also with HUF

  • @abc-xyz12345
    @abc-xyz12345 Жыл бұрын

    Tq Money purse team for offering wonderful financial advices to Telugu community ❤

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @sandeepravikanti2228

    @sandeepravikanti2228

    Жыл бұрын

    ​@@MoneyPurse team one doubt, HUF is useful only for business/self employed families right? Can I create a HUF with having only salaried income and no other earning family member? I think it won't be useful right?

  • @suryateja8377
    @suryateja8377Ай бұрын

    My Father passed away 10years back. I got married recently. Can I open HUF with my mother as Karta, myself and my sister as Coparceners?

  • @rajkumarchinni
    @rajkumarchinni Жыл бұрын

    Very good information...thank you so much... Can HUF fund invest in market equities? Can HUF buy land or property and generate rental income? How to move funds from our income in to HUF?

  • @shaiktaj
    @shaiktaj Жыл бұрын

    Very useful information, sir what about Muslims law

  • @prasadchowdary12
    @prasadchowdary12 Жыл бұрын

    Please make a video on Private limited

  • @dilip6281
    @dilip6281 Жыл бұрын

    Hi Sai Garu kudos for your efforts 👍

  • @nugurunarasimhachary5500
    @nugurunarasimhachary5500 Жыл бұрын

    super news ....no channel covered this awesome news

  • @vijaygvk9
    @vijaygvk9 Жыл бұрын

    Can you do one video on Investor education protection fund for unclaimed shares and dividends and also how to login in iepf5 form. I tried so many times to login in MCA website but failed . Website nodal officers are not responding.

  • @dharmenderpasunooti4218
    @dharmenderpasunooti4218 Жыл бұрын

    Very helpful brother

  • @lnassociates5049
    @lnassociates5049 Жыл бұрын

    To d point !!!

  • @venkatperugu3661
    @venkatperugu3661 Жыл бұрын

    Good information sai

  • @sambasivaraokurakula2722
    @sambasivaraokurakula2722 Жыл бұрын

    Hi sir, You are telling about passive income for HUF. Can mutual fund investments be passive investments for HUF?

  • @sreenivasuluadigopula8966
    @sreenivasuluadigopula8966 Жыл бұрын

    Thank you sai garu

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @somethingspecialmano
    @somethingspecialmano6 ай бұрын

    How can a nri create deed from abroad ? Can i send funds of my own to huf current account ? Can i open dmat account using huf pan card

  • @pavannelakurti
    @pavannelakurti Жыл бұрын

    Thanks Sai Garu for awareness. Manaki ipude telusu peda peda kingkongs using from long years 😂 chala manchi peru unna musugu dongalu

  • @ChMh1224
    @ChMh1224 Жыл бұрын

    at 15:12 you said - meeru passive income related huf capital ani chupinchagaligithe anaru kada , if I have to start creating HUF today , how do I form a capital under HUF ? Can I show my salary added to HUF capital ? Can I invest in stock market taking money from salary and refer it under the HUF income? Need your guidance in forming capital under HUF . Could you please clarify/ help understand this , please ?

  • @sharathkumarkatkam5843
    @sharathkumarkatkam5843 Жыл бұрын

    Dear Sai Garu, You are reading it as Suction. It is pronounced as /səkˈsɛʃn/

  • @goutam_vizag
    @goutam_vizag Жыл бұрын

    Very informative video Sai garu, but nakoka chinna doubt. Ippudu HUF kinda PAN generate chesukunnaka separate demat account create chesukoni manam andhuloki capital ni petti stock market trading leda investments cheyatcha. Eg. 1Father 2 Sons HUF Pan vatchaka stock market investments cheyatcha. And vatiki income tax exemption theesukovatchaa. It would be very useful information. Thank you.

  • @sankararaobongu4346
    @sankararaobongu43465 ай бұрын

    Central Govt open chayyavatcha?

  • @anjaneyulukaka9314
    @anjaneyulukaka9314 Жыл бұрын

    Thank you very much. Are the sons in law and daughters in law members in HUF?

  • @hemantharaju6101
    @hemantharaju6101 Жыл бұрын

    Hi MP , really very helpful information . Thanks

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @srinivasaraom340
    @srinivasaraom340 Жыл бұрын

    Thank you Sai garu Capital Gains and dividend income HUF lo claim cheyyocha...

  • @saripalliabhinay5111
    @saripalliabhinay5111 Жыл бұрын

    Hi Sai Garu, I am private employee. Thought of owning a business in parallel with respect with respect to teaching. Can we take advantage of addition HUF for generated income ? Also my marriage is yet to registered .Can we go ahead with HUF application without marriage registration details ? Looking forward for your response.

  • @bharath506
    @bharath506 Жыл бұрын

    I am thinking it will help for employees :) looks like its business people..

  • @krishnareddy3564
    @krishnareddy3564 Жыл бұрын

    Good information

  • @prakashchakravarthyg
    @prakashchakravarthyg Жыл бұрын

    Excellent

  • @sudheerreddy841
    @sudheerreddy841 Жыл бұрын

    Hello Anna, Can you share the income from stocks how to do tax filing and what the tax percentage ? If already salaried employee is Earning 10 LKA above how to filing

  • @rajeshp5553
    @rajeshp5553 Жыл бұрын

    Anna you missed how can we add money to huf is it taxable? How can we avoid lt. And also can you please give examples of taking advantages like fd

  • @shankarleaf6696
    @shankarleaf6696 Жыл бұрын

    Thank you for valuable content sir

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @bhaskarram6035
    @bhaskarram603510 ай бұрын

    Hi Team, HUF base capital mention chesina tarvta. malla later additional capital add chesukovacha? capital ni tax resturn lo ela chupinchala?

  • @mamidimuralimohan7126
    @mamidimuralimohan7126 Жыл бұрын

    🙏 Thank you Sir

  • @HarshaVardhan-rv4fx
    @HarshaVardhan-rv4fx Жыл бұрын

    Hi Sir Let say I want to track the dividends that I have received for this quarter..how could I do that easily?

  • @grkr7842
    @grkr7842 Жыл бұрын

    Thank you for ur Contribution..🙌🤝👏👍🇮🇳❤

  • @poornapalla871
    @poornapalla871 Жыл бұрын

    Good Evening 🌜🌜🌜🌜🌜 Soooooo Super Information Video 👌👌👌👌👌👌👌 Thankyou So Much SaiSir and MP Team 🙏🙏🙏🙏🙏🙏🙏🙏🙏

  • @MoneyPurse

    @MoneyPurse

    Жыл бұрын

    Most welcome

  • @satyanarayanakvv9574
    @satyanarayanakvv9574 Жыл бұрын

    Please explain what is meant by HUF

  • @narasimharao1093
    @narasimharao1093 Жыл бұрын

    Hi Sir Good evening Sir.

  • @sreevasu1026
    @sreevasu1026 Жыл бұрын

    Sai Garu Namasthe. I am Sreenivas a VRS retired person. I have some fds. Mee HUF vedio is very informative. My question is only business untene HUF account open cheyyala leka fds anni kalipi HUF amount ga chesi interest amount ki tax benefit pondhavaccha. Dayachesi thelapandi. Namaskaaramulu.

  • @viswanathnehrugolagabathul4399
    @viswanathnehrugolagabathul4399 Жыл бұрын

    Hi Sai garu , she’ll we invest in stocks and trade in F&O with HUF account??

  • @mayuronce
    @mayuronce Жыл бұрын

    Hi చాలా బాగా వివరించారు HUF గురించి.... ఇందులో నాకు 2doubts ఉన్నాయి అన్నా 1) Govt Employees HUF form చేయవచ్చా? అవును ఐతే process same ఆ? 2) HUF SB account open చేస్తే దానిపై tax benefit పొందలేమ? So HUF SB account వల్ల లాభం ఏం?

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