The proposed reform by ICAI will allow couples to file a joint tax return, offering relief to families that depend on a ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...
At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...
With Budget 2026 on the horizon, the ICAI has proposed allowing married couples to file joint income-tax returns, aiming to ...
Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...
Income tax news: The Institute of Chartered Accountants of India has proposed optional joint taxation for married couples in ...
Ahead of the Union Budget 2026, discussions around major income tax reforms are gaining momentum. One of the most ...
From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
Under the current income tax system, individuals are taxed separately, irrespective of whether they are married or not. Each ...