Tag Archives: Personal finance

HUF as a Tax Saving Tool

huf-as-tax-saving-tool-cakartikmjain

Meaning:- HUF means a Hindu Undivided Family and for the purpose of Income Tax, It is an entity separate from its members. Although an HUF is governed by Hindu Law Board , even Jains, Sikhs and Buddhists can form an HUF. An HUF has a separate PAN and the Return of Income of an HUF […]

Major Personal Financial Changes post 1st July that you need to remember

changes-in-personal-finance-post-1sr-july

Due to Lockdown amid Corona virus, Government had announced various measures to ease the burden of financial stress on Common man. However, some of the relaxations ceased to exist post 1st July, 2020. Following is the list of personal finance changes post 1st July,2020 ATM Withdrawal Restrictions :- On 24th March,2020 it was announced that for […]

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