Clubbing of Income means that the Income of some other person would also be included in your Income. You would be required to pay tax on such income of the other person.

The provisions of clubbing of Income were introduced by the Govt so as to ensure that a person does not try to reduce his tax liability by splitting his income in different names. 

We recommend you to watch our video before you plan to save tax by investing in your wife’s name.

To watch the entire video - https://youtu.be/1NpFYeOYet0

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