Huf: A Hindu Undivided Family

A Hindu Undivided Family ( HUF ) is a unique legal entity in India that offers families a way to manage their wealth collectively while also enjoying significant tax benefits. Whether you want to preserve family assets, reduce your tax liability, or create a common fund for future generations, setting up an HUF can be a smart move. But how exactly do you create a HUF , and what does it involve?In this article, we will walk you through the steps to set up a HUF , including the creation of the HUF Dee 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. Learn what a Hindu Undivided Family ( HUF ) is, how it helps save tax, who can form it, and how to create one. Discover HUF 's benefits for property, income & investments. 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 .