Save 2x Tax with HUF | Can HUF Buy & Sell Stocks? Business Basics #4

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Күн бұрын

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In this video, we will explore how you can save on taxes by setting up a Hindu Undivided Family (HUF) in India. HUF is a unique form of business entity that can provide tax benefits to Hindu families. We will discuss the concept of HUF and its benefits in detail.
Chapters:
00:00 Introduction to HUF
01:10 HUF Kya Hai? What is HUF?
03:17 Members of HUF
05:30 HUF Karta
05:56 Coparcener Vs Membership
07:35 HUF Registration Process
08:10 HUF Pan Card
09:17 HUF Income Source
12:32 Assets in HUF
13:22 HUF Tax Benefits | Tax Saving with HUF
15:06 HUF Tax saving example
17:54 HUF Partition
19:00 Loan in HUF
19:56 Can HUF become a partner?
21:09 Who should make HUF?
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Business Basic Episode #01 | Which business entity to choose? : • How to start a Busines...
Business Basic Episode #02 | Proprietorship: • Proprietorship Firm Fu...
Business Basic Episode #03 | Partnership: • A to Z of Partnership ...
Business Basic Episode #04 | HUF: • Save 2x Tax with HUF |...
Business Basic Episode #05 | Pvt. Ltd.: • PVT LTD Anoop Bhatia
Business Basic Episode #06 | OPC: • Is "One Person Company...
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HUF Deed: bit.ly/3w1OFmm
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#LLA #businessBasics #HUF

Пікірлер: 569

@LabourLawAdvisor 3 жыл бұрын

Hax to Save Tax: www.taxplanningforsalariedemployees.com 💸DEMAT Account: link.lla.in/Demat

@vibhoragrawal6309 3 жыл бұрын

Sir mails msg tweet kahi to reply dedo

@mgobinath 3 жыл бұрын

it would be helpful if english subtitles are added for non hindi speakers... or can post in english please

@musiclove3272 3 жыл бұрын

I need help!!! My current organization which is Tech Mahindra, is not giving me my salary slip and Wi-Fi reimburse. What should I do?

@ashwinsnmv 2 жыл бұрын

@@musiclove3272 they have to give salary slips. Escalate it to the HR? what is their response on the matter?

@manojkumar-xf6ch 2 жыл бұрын

Are u Rishabh Jain from DAV Centenary Paschim Enclave.?

@abhiraavanshivay1630 3 жыл бұрын

O bhai kya gyaan dete ho.🙆🙋 . PhD level ke uper ka knowledge he. 😍😍😍😍😍😍

@yeswanthgolla8822 3 жыл бұрын

Everything by LLA is very good and detailed, thank you for providing all these for our jagruk jantha. I would like everyone to like the video also rather than just viewing the content so that they get more promotions

@VijayPanchalK 3 жыл бұрын

When I first applied for the PAN CARD using Physical form. I saw HUF in the form as an option. Till today, I had no idea regarding HUF can be created with an individual (Members) PAN card. Thanks, @LLA for the very detailed video on HUF.

@NitinWahiSir 6 ай бұрын

I am single and the income tax department is such that they allowed me to frame HUF Pan Card then came bank which were more foolish to allow me to open account while being unmarried and til date I am saving tax.

@bansurishankar Жыл бұрын

Very well explained and simplified ! Please keep these coming! 🙏

@SahilGupta29 Жыл бұрын

Extremely well-detailed and answers all the important questions. Thank you!

@sagarmaheshwari8430 2 ай бұрын

BHAII.BHAII 😂🎉 CA.INTERN'S LOVE FROM INDORE M.P❤

@pankajrathi 3 жыл бұрын

Thank you so much for video. I was searching and reading a lot of content on web but didn't find such detailed video. Thank you again.

@StrikingCommoner Жыл бұрын

Thanks a lot Rishab and Anoop ji for this exceptional vlog where I could clear all my doubts. Great job Labour Law Advisor for such educative videos on business and finance.

@SunilKumar-nk7yj 3 жыл бұрын

Bhatia Sahab kitne pyar se explain karte h..

@devintel113 3 жыл бұрын

Simple and informative, I didn't know all these facts. Thanks a lot

@NeelRane 3 жыл бұрын

Best channel....this video should reach every individual...till date i dont think so anybody knew about this..thanks a lot for this informative video

@sbadrinarayanan 2 жыл бұрын

Excellent musuc. Beautiful way of talking by ca sir and hist is a great simpleton. Loved this video.

@Mr.DX_Official 3 жыл бұрын

Thanks Rishabh brother.. this actually help

@relentless3727 2 жыл бұрын

Rishabh ji, your channel is the most useful channel in all of you tube. Thanks a lot!

@abhijitpattil 2 жыл бұрын

Really helpful, cleared all my doubts! Keep making such videos.

@manikandaprabhu7792 2 жыл бұрын

Beyond doubt … your channel is making amazing job

@subhabratadeb2464 3 жыл бұрын

Thanks a lot. This episode is really useful for a lot of 'sadharan janata'.

@travelwithjatin2709 3 жыл бұрын

Rushab aap bahot hi acha financial knowledge dete hai I am very impressed

@vishwanathrnayak6229 2 жыл бұрын

Excellent video by Sri Rishabh Jain and Sri Anoop Bhatia. It is very structured and answers most the questions about HUF. Good collaboration. God bless you 🙏 Is a HUF required to file an ITR if it does not have taxable income. Company or Firm is required u/s 139

@RishabhAwasthi007 3 жыл бұрын

Loved it. Please cover more unhidden facts like these....❤

@neelabhdutta6691 3 жыл бұрын

*hidden

@abhishekbagadi 10 ай бұрын

Great knowledge. Thank you LLA

@sourabhandvaibhavsrivastva8422 3 жыл бұрын

Really Nice. It has cleared all doubts. This may be the BEST video available.

@LabourLawAdvisor 3 жыл бұрын

Glad it was helpful!

@bhavikdesai9452 Жыл бұрын

Very impressive, all the points covered.

@Nikhilmulay04 7 ай бұрын

So much informative video Got all doubts cleared

@BhaveshAgarwal 9 ай бұрын

Thanks a lot, this is my first monetary thanks to any video on youtube

@avinashkhopade4708 9 ай бұрын

Very detailed n helpful video. Thnx a lot for such great content.

@sanjibrawat 3 жыл бұрын

Thank you. Very informative.

@rajkumarvasnani3137 2 жыл бұрын

Hello Rishabh 1. Can Karta of HUF gift his/her HUF say upto 250000 and file ITR(NIL) of HUF with income from other sources and invest the same in stock market to generate income for HUF? 2. Can a person gift his wife and she can further invest to generate income for her self? 3. Please make a video on filing ITR.

@dn9416 3 жыл бұрын

Excellent information bhai log 🙏🙏🙏❤️

@SantoshKumar-gg2sq Жыл бұрын

thanks you sir so very much, you cleared all my doubts in simple ways

@akashsannyashi9570 3 жыл бұрын

love your work, keep it up.

@sonukumar-yj3gc Жыл бұрын

Your intro music is awesome and thanks for sharing this valuable information.

@dushyant_luckmakesurlife 3 жыл бұрын

I like the background music of your YT channel. Ofcourse the content & information provided are also very good

@ananygoel1703 3 жыл бұрын

Nice video... cleared a lot of doubts

@anshulbansal2898 Жыл бұрын

What an amazing content ... thanks for such explanation

@chaitme 2 жыл бұрын

This is really excellent video I found on HUF on KZfaq

@murtazabhagat3593 2 жыл бұрын

Great Knowledgeable video. Specially understanding about HUF in simple manner by CA Anoop Bhatia Sir is very pleasant. Rishab Jain Sir you are doing tremendous work Just keep going. it will good to see again and again with Anoop Sir. I really like your videos.

@okay4192 Жыл бұрын

Bhai ap muje bata sakte ho simply ki HUF kya hota hai

@sushrutkulkarni1369 Жыл бұрын

A ton of thanks to LLA team'❤️

@mayurrathod1822 3 ай бұрын

Thank you so much for well explained

@amittibrewal8764 2 жыл бұрын

Nicely explained by Rishabh ji and Anoop Ji

@sjain40b Жыл бұрын

Very Informative video. Thankyou

@saniyadate5844 2 жыл бұрын

great video thanks for the detailed explanation.

@mukeshgarg1909 3 жыл бұрын

Very interesting & nice information. Refreshed all legality of HUF👍🏿👍🏿🙏🙏

@LabourLawAdvisor 3 жыл бұрын

Yes, thank you

@atharvakadam1507 3 жыл бұрын

This video was very helpful. Please keep making such informative videos👍

@LabourLawAdvisor 3 жыл бұрын

I will try my best

@madhulikajha7654 4 ай бұрын

Thank you so much very helpful

@rithveek 3 жыл бұрын

Beautiful Video 👏

@Aditya.Santra 3 жыл бұрын

Amazing video ❤️

@shanty2020 3 ай бұрын

watching it the 3rd time and I finally am getting it. Thank you for this video.

@farzzziii Ай бұрын

Thanks for detailed information

@DebabrataNayak 3 жыл бұрын

Thanks for this topic

@anshulkhatri8705 3 ай бұрын

Thankyou sir❤❤❤ for precious information

@arindamkundu1521 2 жыл бұрын

Thanks for the very detailed info. Can individual incomes of family members be considered as part of HUF income to avail tax benefit ?

@bhaktilad6303 3 жыл бұрын

Nice informative vedios..keep posting..also post vedios relating to IT proceedings by taking practical examples.

@LabourLawAdvisor 3 жыл бұрын

We will try

@ashishg4285 3 жыл бұрын

woooooonderful sir !!! what a video.

@parasbansal 2 жыл бұрын

Great Video!

@dharmikthakkar8072 Жыл бұрын

Very very informative ❤️🌟

@shashwatdawar2086 3 жыл бұрын

Eye opener. Didnt knew about HUF in respect to taxation. Can we get advices / consultation from LLA?

@deepdas4138 3 жыл бұрын

Wow sir, apke vdo se hum jaise school students aage jake bhout kuch kar payenge , hope kisi app aage bhi aise simple aur assan vdo banayenge, hope ki sir aap CA anup sir and CA rachnana ranade ka collaboration kar k kuch banaye maza ayega 😁😁

@vidyamirji2941 3 жыл бұрын

Good info sir.

@Numero-yf5rt Жыл бұрын

Zabardast great guys. Thanks a lot for this information

@okay4192 Жыл бұрын

Bhai ap muje bata sakte ho simply ki HUF kya hota hai

@Knowledge_hub1080 2 ай бұрын

1) If coparcener is a partner in a partnership firm on behalf of HUF - Then income from partnership firm will be added to the income of Partner or HUF ?????? 2) If HUF can take loan from members and coparceners - Then it means that HUF can show this as capital as well and pay interest on this capital to the members of HUF. Can this be possible to raise capital in this manner in HUF ?? 3) If coparceners of HUF divide their property among all of them - Then the HUF can work in similar manner as before partition ?? 4) HUF cant be dissolved - Does this mean once we form HUF - we can never get rid of HUF concept - HUF will continue forever ????

@jagdishvirkar9772 2 жыл бұрын

Very interesting information. Can you share history of HUF and why it was started.

@RahulJain-qd8kf Жыл бұрын

Thanks Sir🙏🏻

@ghanshyamjha9521 3 жыл бұрын

Very informative.

@anshukas 2 жыл бұрын

Could you please explain about how expenses will be manage in case of HUF, with some example. What proof need to submit or how it works?

@SCL-INFOent Жыл бұрын

Very informative

@aman___004 3 ай бұрын

Thank you

@xqwxqw2484 2 жыл бұрын

Gazab ka vidoe hai sir maza hi agaya

@prateektrehan3237 10 ай бұрын

Thank you Rishabh and Anoop ji for this enlightening video. May you get all the success to keep up the good work. I do have one query that I would appreciate an answer on, regarding the gift that can be given to HUF by an external member, is there a limit to the number of times the gift can be given, I.e. Can I take 5Lakhs twice in a year?

@sangamb1838 3 жыл бұрын

Great informative video Sir, please keep it up. I shared this to all my friends and family members. Thanks and I am waiting for your next video.🙏🙏

@LabourLawAdvisor 3 жыл бұрын

So nice of you

@cloudmirchi Жыл бұрын

Very good info

@arkasarkar3901 2 жыл бұрын

dahej to huf mein hi lena 😂

@shreyaraj5265 7 ай бұрын

Mere husband ne bhi aise hi dahej lia tha... His such a cootie...

@saidasanish 4 ай бұрын

Jai sairam......BABAMALIK🙏🙏😀 HUF KE INCOME BAN JAYEGE AUR FULLY TAXABLE HOGA.... SUBJECT TO CERTAIN LIMIT

@rupamsarma3248 2 ай бұрын

@@shreyaraj5265 Are you serious ma'am ??

@shreyaraj5265 Ай бұрын

@Play_the_game_of_life 29 күн бұрын

The gift received on the occasion of marriage is not taxable

@bijamenon4043 3 жыл бұрын

Thanks a load

@tanmoypaul7135 Жыл бұрын

Being a ca inter student it helped me to understand paper 4 and paper 2

@satyendrakumarsharma3513 Жыл бұрын

@LLA, Thanks a lot for such a detailed explanation. Can I demand my Employer's yearly Bonus be credited to my HUF?

@rajeshasher9769 3 жыл бұрын

Sir, if a couple who does not have children forms an HUF and later one of the spouses dies, does the HUF still survive with the living spouse as its sole member?

@GianetanSekhon 2 жыл бұрын

Yes it does. It can continue even if the surviving spouse chooses to remarry.

@sureshgoenka6197 Жыл бұрын

No in that case HUF ceased to exist and becomes individual property. There must be at least 2 members to continue as Huf.

@manas19781 2 жыл бұрын

excellent

@johngrey1764 Жыл бұрын

Fantastic

@arunpandey165 3 жыл бұрын

Excellent Content. However, please reduce the Ads in between by atleast 1.

@YORKAHCRA 3 жыл бұрын

Can you make a video on how to form an irrevocable discretionary trust?

@rnshuklabbk 3 жыл бұрын

Sir MWP act se Agriculture Land or Property bhi purchase ki ja sakti hai ya sirf Insurance me hi iska role hota hai, aur property me ye bad me bhi add karaya ja sakta hai, please is act per ek video banaiye..

@prajwalshetty2047 3 жыл бұрын

Nice Vedio 👍

@mukulbhardwaj3734 3 жыл бұрын

Awesome vedio

@mailstovikas Жыл бұрын

Rishabh, I've questions regarding money added to HUF. 1) If money added by member like my wife to the HUF account then her deposited money to HUF account would be tax free for her? (For example if she earns 100000 per month and she gifts 20K to HUF aacount then she has to pay tax on only 80K or she has to still pay tax on 100K?) 2) limit of 50K gifts can be received in HUF but this is the limit of per annum or per month?

@SumitJain_CoverArtist 2 жыл бұрын

Very informative! Thank you sir! Actually we have a business & I am interested to tell about HUF to my father...We have our firm's GST no. & the tax is paid solely by my father. Is it advisable to go for HUF to save taxes? Please try to reply as early as you can!

@vikasgupta9052 3 жыл бұрын

Thankyou 🙏

@LabourLawAdvisor 3 жыл бұрын

Always welcome

@yashikasharma4996 Жыл бұрын

Thanks for sharing such valuable information sir....plz guide can a property be purchased directly in name of HUF.Directly means has no linkage to ancestoral assets.Eagerly waiting ur reply sir

@MINTU361 3 ай бұрын

Excellent content.. need help for opening the account…

@akashagrawal4888 3 жыл бұрын

Salute

@sumitgurjar1212 2 жыл бұрын

1. Sir Could I start SIP in stocks/mf from my current account of prop. Firm. 2. If yes, what would be taxation on my invested SIP annual amount. 3. If I gain LTCG then it would be taxed 10%. Or profit would be added in my net income and then taxed according to IT slab.

@RahulSipani24 Жыл бұрын

Hii Rishabh, which platform allows huf to invest in mutual fund?

@shivamgupta-px4rr 3 жыл бұрын

Please make a video to explain lucc investment.

@user-ty9iz5cj9z 7 ай бұрын

HII video is very imformative.. just one question when person transfer propeerty of money to HUF is need to pay gift tax or any stamp duty or any other tax

@kuldeepkuldip2896 3 жыл бұрын

Nice info

@prakharmittal7705 2 жыл бұрын

When you say that put your ancestral property in the name of HUF to get tax benefits on rental income, what do you mean by it? Do you mean change of ownership of the property? Or can we directly receive the rental income in HUF's Bank A/C?

@praveenkashyap5852 2 жыл бұрын

This video is very informative but have a doubt. Can I show dividend interest income, capital gains credited in my bank account from shares in my damat account as HUF income?

@satyaprakashsinha1306 13 күн бұрын

Please provide detailed video on gifting in HUF

@ajayagicha2407 3 жыл бұрын

Helpful

@LabourLawAdvisor 3 жыл бұрын

Glad to hear that

@ashutoshakgec Жыл бұрын

Me and my brother have two separate business's, one need a lot of cash and another generate cash. However we could not take advantage of this unique situation due to two separate pan and accounting. Although cash could be utilised and later transferred online. Could HUF be formed to utilise cash between two without legal implication? Tax saving is secondary issue for us right now.