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ICAI Urges Centre to Introduce Joint Tax Filing for Married Couples
The Business Guardian
|January 29, 2025
In its pre-budget suggestion to the Finance Ministry, the Institute of Chartered Accountants of India (ICAI) has urged the Centre to introduce joint income tax filing in Budget 2025 for married couples.
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AGENCIES NEW DELHI
ICAI said that if accepted, this proposal could offer substantial tax relief and encourage equitable taxation for households.
The ICAI has suggested a revised set of tax slabs under the Joint Taxation Scheme, providing a higher exemption limit and broader tax brackets.
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