Budget 2026: HUFs miss out on 87A rebate — Expert calls for fair tax reform
New Delhi: As the countdown to Union Budget 2026 begins, Hindu Undivided Families (HUFs) are once again hoping for long-pending reforms in India’s tax system. Although HUFs are recognised as a separate ‘person’ under the Income-tax Act, they continue to face gaps in tax relief when compared to individual taxpayers — particularly under the new…