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15 hours ago · A Hindu Undivided Family (HUF) is a legal entity which is recognized under Indian law. It generally consists of individuals who are the lineal descendants of a common ancestor, including their wives and unmarried daughters of the Hindu Undivided Family. Governed by Hindu law, an HUF can own property, manage assets, and run businesses like any ...
2 days ago · Family Settlement is a way to resolve disputes over assets and business management. Family Settlement helps in defining rules for asset management and business ownership to avoid disputes. India ...
3 days ago · In a Joint Hindu Family Business, the business is managed and controlled by the family members who are part of the Hindu Undivided Family. It is a unique form found mainly in India where all family members contribute to the business activities.
3 days ago · The Supreme Court ruled that a Hindu female must have both possession and acquisition to claim full ownership of undivided joint family property. Read the detailed analysis.
3 days ago · The number of family offices in India has risen to over 300 now from 45 in 2018 and set to rise more as promoters are spreading their businesses to tier 2 and 3 cities. They have evolved beyond ...
3 days ago · An HUF can be created by a joint family of, say, for instance, a father and two sons, all married and doing business together. Anyone by birth is also included in the family. A husband and wife can also form an HUF for tax benefits and to share the income earned from collective and ancestral properties.
15 hours ago · The Pakistan Rangers and Sindh police conducted an operation in Kashmore’s riverine area on Saturday and successfully rescued three Hindu businessmen from the Bhayo gang, leaving two suspects ...