Formation of huf by salaried assessee & clubbing ?

one of my client is a salaried assessee falling in 30% slab rate.

His family includes wife and minor daughter. he wants to form a HUF and make investments in the name of HUF.

He will gift salary income to HUF and HUF will invest in FD/MF/shares etc.

MY question :

1. whether clubbing provisions will be attracted on the income earned by HUF ? and

2. Is this planning advisable ?

waiting for the views of the experts.

Thanks in advance.