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If you belong to a Hindu, Jain, Sikh or Buddhist family, you are allowed to create an HUF (Hindu Undivided Family). In simple words, an HUF is a separate legal family entity created under Indian tax laws. This means the family (not any one person) can have its own PAN card, bank account and income. Who Can Create an HUF? ✅ Any Hindu / Jain / Sikh / Buddhist family ✅ Minimum 2 people - it could be husband-wife, father-daughter, mother-son or combination of any number of family member How to Creat
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