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HUF Tax Calculator

Calculate income tax for Hindu Undivided Family (HUF) under Old and New regimes.

Results

Total Deductions₹1.75 L
Taxable Income₹8.25 L
Income Tax₹77,500
Cess (4%)₹3,100
Total Tax Payable₹80,600
Breakdown
Take Home
9,19,400
Tax
80,600
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What is HUF Tax?

The HUF Tax Calculator computes income tax for a Hindu Undivided Family — a unique tax entity recognized only under Indian tax law. HUF is a separate legal entity from its individual members and gets its own PAN, bank account, and tax exemption limits. This makes HUF one of the most powerful tax-saving tools available to Hindu, Sikh, Jain, and Buddhist families.

HUF is taxed at the SAME individual tax slabs (not the higher corporate/firm rates). In the Old Regime, the basic exemption is ₹2,50,000 — the same as an individual below 60. In the New Regime, HUF gets the same slabs with ₹4L tax-free. However, HUF does NOT get age-based higher exemption (senior/super senior limits don't apply to HUF) and does NOT get standard deduction (since HUF doesn't earn salary).

The beauty of HUF: the Karta (head of the family) can split family income between Individual and HUF, effectively doubling the basic exemption. Rental income from ancestral/HUF property, capital gains on HUF assets, interest on HUF investments, and business income from HUF business — all taxed separately from the Karta's individual income.

HUF can independently claim deductions under Section 80C (₹1.5L — LIC, PPF, ELSS), Section 80D (medical insurance for HUF members), Section 80G (donations), and Section 24 (home loan interest). This means a family can claim 80C deductions twice — once as Individual and once as HUF.

To create an HUF: you need at least one coparcener (born member) and a deed of HUF formation. Apply for a separate PAN, open a bank account, and start crediting HUF income to this account. Consult a CA for the proper setup.

Compare your individual tax using our Income Tax Calculator, or plan your salary structure using the Salary Calculator.

Formula

HUF is taxed at Individual tax slabs:

**Old Regime:** ₹0–₹2.5L: 0% | ₹2.5L–₹5L: 5% | ₹5L–₹10L: 20% | Above ₹10L: 30% Rebate: Taxable ≤ ₹5L → Tax = 0

**New Regime:** ₹0–₹4L: 0% | ₹4L–₹8L: 5% | ₹8L–₹12L: 10% | ₹12L–₹16L: 15% ₹16L–₹20L: 20% | ₹20L–₹24L: 25% | Above ₹24L: 30% Rebate: Taxable ≤ ₹12L → Tax = 0

**HUF vs Individual — key differences:** - No standard deduction (HUF doesn't earn salary) - No age-based higher exemption - No HRA exemption - CAN claim: 80C, 80D, 80G, Section 24, NPS

Worked Example — HUF income ₹10L, Old Regime: Deductions: 80C ₹1.5L + 80D ₹25K = ₹1.75L Taxable: ₹10L − ₹1.75L = ₹8.25L Tax: 0 + ₹12,500 + ₹65,000 = ₹77,500 Cess: ₹3,100 Total: ₹80,600

How to use this HUF Tax Calculator?

1. Enter the HUF's total annual income (rental, capital gains, interest, business income). 2. Select Regime (Old is usually better for HUF since there is no standard deduction in New Regime). 3. Enter 80C deductions (LIC premiums, PPF, ELSS in HUF's name). 4. Enter 80D (medical insurance for HUF members). 5. See total tax payable.

Tip: HUF usually benefits more from Old Regime because the lack of standard deduction means New Regime's advantage is reduced.

Frequently asked questions

What is HUF and who can create one?
HUF (Hindu Undivided Family) is a separate tax entity consisting of all persons lineally descended from a common ancestor, including their wives and unmarried daughters. Hindus, Sikhs, Jains, and Buddhists can form HUF. It needs a Karta (eldest coparcener), at least one other coparcener, a PAN card, and a bank account.
Can HUF invest in mutual funds and stocks?
Yes, HUF can open a demat account, invest in mutual funds, buy property, hold FDs, and run businesses — all in the HUF's name and PAN. Income from these investments is taxed in the HUF's hands, not the Karta's.
How to transfer money to HUF?
HUF can receive: (1) gifts from non-members (including the Karta's wife/in-laws), (2) ancestral property income, (3) gifts received on the occasion of marriage of any coparcener. The Karta can also gift money, but clubbing provisions under Section 64 may apply.
Is HUF available under New Regime?
Yes, HUF can opt for either Old or New Regime. However, most CAs recommend Old Regime for HUF because: (1) no standard deduction benefit in New Regime, (2) HUF typically invests in 80C and 80D instruments which are only useful in Old Regime.
Can HUF buy property?
Yes, HUF can buy residential and commercial property. Rental income is taxed in HUF's hands. If HUF takes a home loan, Section 24 deduction (₹2L interest) and Section 80C (principal repayment up to ₹1.5L) are available under Old Regime.
What happens to HUF on partition?
HUF can be partially or totally partitioned. On total partition, the assets are divided among members, and the HUF ceases to exist. Capital gains tax may arise on distribution of assets. Partition can be through a registered deed or court order.
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