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

[@MoneyPurse]

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[@ravikiran6889]

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

[@rajendermaggidi6523]

😊

[@venumohan2756]

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

[@The_Chart_Blueprint]

What about other religions

[@gvrk0255]

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

[@srikantharvapalli]

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

[@MoneyPurse]

Most welcome

[@ravindranathpuvvada1966]

Very useful for wealth creation legally.🎉🙏

[@deepaktips]

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

[@RajaSumanReddy]

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

[@pratapc.r.1569]

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

[@kiranthiruveedhula3563]

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

[@yerramsettiumurty7402]

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

[@kumar_immidi]

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

[@balubathina2437]

# 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]

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

[@vamsimaddula8358]

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]

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

[@MoneyPurse]

Noted

[@blessable27]

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]

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

[@abc-xyz12345]

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

[@MoneyPurse]

Most welcome

[@sandeepravikanti2228]

​@@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?

[@dadaeditz3073]

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

[@maniachyuta7203]

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.

[@PavanKumar-fz4bg]

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

[@venkatkrishna8578]

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

[@parthasarathyr.2728]

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.

[@aasaanacademy]

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

[@mlnprasad6763]

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

[@Trading_Mindfully]

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

[@Dabbuluvurikeraavu]

MP team read my mind..HUF gurinchi think chestunna…video was released..Thank you

[@MoneyPurse]

Most welcome

[@sankararaobongu4346]

HUF Government employees open chayyavatchaa? Pl clarify as per your knowledge.​@@MoneyPurse

[@pavantej9666]

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

[@prabhakaramaddileti9679]

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

[@tharunmahadev9211]

Good content brother ✅

[@rameshm7411]

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

[@sivakumarvemuri2288]

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.

[@ChMh1224]

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 ?

[@pandurangaraonaraparaju2704]

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

[@spotnuru83]

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

[@Dileep_Reddy]

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.

[@SathishGiddigi]

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

[@poornapalla871]

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

[@MoneyPurse]

Most welcome

[@sangeetham3364]

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

[@mayuronce]

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?

[@udaykiran4292]

Thanks for your ANILLISIS🎉🎉🎉🎉❤

[@MoneyPurse]

Most welcome

[@rajuasme1]

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

[@hemantharaju6101]

Hi MP , really very helpful information . Thanks

[@MoneyPurse]

Most welcome

[@goutam_vizag]

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.

[@srijaaakula]

Such an informative video 😮

[@shankarleaf6696]

Thank you for valuable content sir

[@MoneyPurse]

Most welcome

[@ravuriraju407]

Really very great informative video.

[@srguduru]

Hi Sai garu, thank you for another wonderful video.

[@narendrad9333]

Good Work MP Team...🎉

[@vinaykumar-gn4td]

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.

[@VijayKumar-lh5db]

Great work MP team. Nak oka doubt 24L earn chesthuna employee with no passive income HUF ni use chesukoni tax benifit podavacha

[@Sandeesh_Srikantam]

I think if you ge that 24 lakhs as salary, you cant use HUF to reduce your taxes, that need to be paid on that salary of 24 lakhs. Lets see what MP team has to say.

[@MoneyPurse]

No

[@techneelalohitintelugu6550]

Good ఇన్ఫర్మేషన్, థాంక్యూ, ssrao

[@suryateja8377]

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?

[@nugurunarasimhachary5500]

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

[@shaiktaj]

Very useful information, sir what about Muslims law

[@jrchaitanya3233]

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

[@raghua8832]

Thanks Sai garu.. It means like having 2 pan nos one is for individual and other with family. Can we show capital gains, house rent income in HUF

[@MoneyPurse]

Yes we can

[@jiroworld]

​@@MoneyPurse what about interest we get from bonds, fds and stock profits? Please confirm

[@anjaneyulukaka9314]

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

[@phanirajraichooti]

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.

[@malleswararaomaguluri6344]

Thank you mp team for valuable information

[@srinivasaraom340]

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

[@TheJagadeeshreddy]

Chala good information ❤

[@govindd6073]

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

[@bharath506]

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

[@geenie0007]

Can u pls add more point on Demat account with HUF ... can we invest in MF with HUF PAN account ? if so if the HUF accounts holds in all for 5 members of the family including minors ... can we do a SWP every month for 50K with Zero tax ? Pls suggest on this sir

[@kishoretkumar9311]

EPS 95 higher pension scheme gurinchi explain cheyyndi brother

[@saiteja9302]

1. what is HUF and who can file that. 2. Process to File HUF 3. Advantages and Disadvantages of HUF.

[@rajeshp5553]

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

[@vinodputta5507]

Good topic Sai garu.

[@pavannelakurti]

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

[@rajn5186]

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]

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

[@sharathkumarkatkam5843]

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

[@balajisriram668]

# 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?

[@MrGSVSNMURTY]

Very usefull information like lesson

[@dilip6281]

Hi Sai Garu kudos for your efforts 👍

[@sreenivasuluadigopula8966]

Thank you sai garu

[@MoneyPurse]

Most welcome

[@ravichandra22]

Good Evening Sai Garu, 😊

[@MoneyPurse]

Good evening Ravichandra garu

[@rajugundas9288]

Expected todays q4 result video from MP team 🤗🤗

[@MoneyPurse]

Will share it andi

[@rajkumarchinni]

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?

[@voiceofjanasainik]

Hi Bro, Thanks for sharing valuable information

[@sambasivaraokurakula2722]

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

[@phanikumarrampalli8]

Thanks a lot sir for detail explanation

[@Sandeesh_Srikantam]

What would be the assets and income source for HUF ? Can the karta transfer any amount to HUF account ? “WHO SHOULD OPT FOR HUF ?” ani unte bagundedi sir. I am still watching the video

[@MoneyPurse]

yes he can, but the amount initially has to be invested in tax-free bonds. Who can opt we have already covered in the video andi

[@Sandeesh_Srikantam]

@@MoneyPurse I mean to ask “Who can make best use of HUF ?” I am not asking about the eligiblity. For example, i think it doesn’t make sense to form HUF for families without any business !

[@prasadchowdary12]

Please make a video on Private limited

[@vijaygvk9]

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.

[@Manojmanu225]

But as per government, we should have only one PAN per person right? -how can get two PANs 🙄🙄 1. Individual PAN (Karta) ✅ 2. HUF karta PAN

[@vinaykumar-cw4ps]

How is a salaried person, whose salary is credited after TDS 😮 can transfer money to HUF account and get benefit?? Suppose I am investing in shares, how can I show it in HUF pan to get tax benefit while selling the shares? Please answer these queries or do an extension video of it.

[@srinivasaraoponnekanti6932]

Yes. I have the same doubt. Can we create huf with our surplus salary income and invest the same in stocks further

[@grkr7842]

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

[@ramprasadvasavi]

Hi Sai Sir, Please explain about 80CCH tax benefit

[@sastryvajjala1928]

Dear Sai garu, you forgot the clubbing of income in the hands of transferor from the amount invested by him in HUF. Please include that if possible. Even if we invest initial capital in non taxable bonds, initial source is always clubbed in the hands of taxpayer/transferor

[@Sandeesh_Srikantam]

I think he talked about money on which tax has been paid already, before it was infused into HUF

[@sastryvajjala1928]

@@Sandeesh_Srikantam whether it's taxed or untaxed is irrelevant

[@Sandeesh_Srikantam]

@@sastryvajjala1928 I thought once the karta pays tax on this individual income, he can infuse it into HUF at least once, without attracting any further taxes. Please share you thoughts on clubbing of taxes, with an example.

[@sastryvajjala1928]

You can please refer to section 64(2) of Income tax act

[@Sandeesh_Srikantam]

@@sastryvajjala1928 I have just checked it. It says income earned from income transfered to HUF (maybe after individual tax) need NOT be clubbed !

[@sunilreddyjanga3657]

How many Indian families/parents share equal rights /property to their daughters When they have a son We should accept that we have more gender discrimination over cast.

[@hemasankararaosamatham896]

Entire new subject. Even though you explained slowly but i didn't get clarity. Capital gains ni huf lo choopinchocha, if yes shall we take extra demat account with mapping to current account. STCG and LTCG only ఉంటే huf business income లో choopinchocha

[@srinivasnudurupati5752]

I believe capital gains are flat taxing.. irrespective of tax slabs.. so it won't be much difference..

[@MoneyPurse]

Yes we can open demat account on HUF and avail all the benefits as an individual

[@ravikishore9095]

TQ VERY MUCH ANDI 😊

[@MoneyPurse]

Most welcome

[@hemanthrajakuncham]

Thank you so much for the information..

[@gvkrishnasai]

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

[@sudheerreddy841]

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

[@dharmenderpasunooti4218]

Very helpful brother

[@gshprasad]

My question is about salary class So for salaried class- tax will be deducted from companies as per slabs. HUF is applicable if we have any additional passive income or business. is it correct??

[@Sandeesh_Srikantam]

Can you type your comment again please ? Its not quite clear

[@MoneyPurse]

If you have registered your business under your HUF then yes

[@Sandeesh_Srikantam]

16:20 were you talking about using 44 ADA section ?

[@MoneyPurse]

Yes, can avail

[@Sandeesh_Srikantam]

@@MoneyPurse thank you for the reply. 👍🏽

[@bhaskarram6035]

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

[@pratapc.r.1569]

HUF ద్వారా electrical shops etc వాళ్లకు ఎలాంటి ప్రయోజనం ఉంటుంది? Example తో explain చెయ్యగలరా?

[@MoneyPurse]

Mee ye business aina HUF perutho register pithy then you can avail the benefits andi

[@venkateshkavididevi1628]

In our state Mithakshara HUF benefits are used

[@sreevasu1026]

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.