What is Income Clubbing under taxation?

What is Income Clubbing under taxation?

Income clubbing refers to earnings on investments made by you on behalf of a family or close relative. These earnings are combined, and you are ultimately taxed on your overall earnings.

 

In this Money9 article, Dr. Suresh Surana, Founder, RSM India, explains how the Income from investments placed in the name of your spouse is combined with your income and taxed accordingly.

 

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