joint hindu family An affectionate business assignment full
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Joint Hindu Family also known as “Hindu Undivided Family” is run by the family members and was formed originally in India. The latest study states that most of the business run by families is found in Bangalore.
It is affectionate or not, only the inflow of the money will tell. The family members get share from the profit but all the profits are divided and given by the Head of the family who is known as Karta”. But, this is one of the successful units in India and the stake holders are happy because they get well returns. Few examples of Joint Hindu Family business are TCS, RELIANCE Etc.
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