icai-proposes-joint-taxation-for-married-couples-in-budget

Both partners would also benefit from the standard deduction.

 

Currently, married couples in India file taxes separately, which can lead to higher taxes when one partner earns more than the other. The current system benefits families where both partners are salaried, as each can claim deductions separately. However, single-income families miss out on these advantages.

 

Chartered Accountant Chirag Chauhan, commenting on the proposal on social network X, wrote: “ICAI suggests allowing joint income tax return filing for married couples. Ideally, an individual income of ₹7 lakh is exempt from tax; if married, the exempt limit for the family would be ₹14 lakh. Will #budget2025 introduce this new concept?”

 

The proposal comes as part of the broader discussion on the upcoming budget, with the ICAI urging policymakers to consider changes that could benefit families and address income disparities.