A Study on Awareness and Perceived Benefits of Creating A Hindu Undivided Family (HUF) for Tax Planning Among Salaried Individuals/Small Business Owners

Dr. Reshma Jaisinghani; Mr. Akshay Aswani

Title:
A Study on Awareness and Perceived Benefits of Creating A Hindu Undivided Family (HUF) for Tax Planning Among Salaried Individuals/Small Business Owners

Authors:
Mr. Akshay Aswani | Dr. Reshma Jaisinghani

Cite This Article :

Mr. Akshay Aswani | Dr. Reshma Jaisinghani "A Study on Awareness and Perceived Benefits of Creating A Hindu Undivided Family (HUF) for Tax Planning Among Salaried Individuals/Small Business Owners" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-10 | Issue-2, April 2026, pp.148-153, URL: https://www.ijtsrd.com/papers/ijtsrd100245.pdf

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Abstract :
Navigating personal taxation effectively is a cornerstone of sound financial health, allowing individuals to minimize liabilities on both income and capital gains. For Indian households, the Hindu Undivided Family (HUF) serves as a distinctive statutory framework for tax optimization. However, despite its potential, the actual implementation of HUF remains sporadic due to various barriers. This study scrutinizes the disparity between general awareness and the procedural expertise required to legally form an HUF. Utilizing primary data gathered from 105 respondents via a structured survey, the research identifies a critical shortage of professional advisory and a significant gap in the technical understanding needed to utilize this tax-saving instrument effectively.

Keywords :
Hindu Undivided Family (HUF), Tax Planning, Tax Optimization, Tax Harvesting.

Publication Details:

Unique Identification Number : IJTSRD100245

Published In : Volume-10 | Issue-2, April 2026

Page Number(s) : 148-153

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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