Dear All
Myself is in regular central government employee, my wife regular state government employee, my father is retired SBI employee and a pensioner, my mother retired state government employee and a pensioner, my brother a central government employee and his wife state government employee, me & my wife having home loan, my brother and mother together having a home loan,
I am having a side business, not much of profit making, yet to be registered, I am having 2 lakhs annually invested in NPS
1) So can we 6 create HUF to save more taxes,
2) will it be helpful in any other ways to save more money
Myself is in regular central government employee, my wife regular state government employee, my father is retired SBI employee and a pensioner, my mother retired state government employee and a pensioner, my brother a central government employee and his wife state government employee, me & my wife having home loan, my brother and mother together having a home loan,
I am having a side business, not much of profit making, yet to be registered, I am having 2 lakhs annually invested in NPS
1) So can we 6 create HUF to save more taxes,
2) will it be helpful in any other ways to save more money