January 18, 2014 10:09 pm
Both (Me and my wife) are working. We are saving tax via home loan principal/interest repayment, PPF, LIC, Car lease EMI etc.
We want to know how can we save more tax using HUF?
Dear Vibhor, if the future income from investments can be transferred to your HUF, then the tax liability on this future income ‘ll be there in HUF, and you ‘ll save tax on this future income as Tax calculation for HUF ‘ll start from zero tax slab.
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