India Considers Optional Joint Taxation for Married Couples in Budget 2026
8 minutes agoBusiness
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4 SourcesDelhi, India
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India Considers Optional Joint Taxation for Married Couples in Budget 2026

Ahead of India's Budget 2026, the government is considering introducing an optional joint taxation system for married couples, allowing them to combine incomes and file a single tax return. This proposal aims to reduce tax burdens for households with a single earner and improve utilization of deductions. The system would feature restructured tax slabs and potentially higher exemption limits. While individual filing remains an option, joint taxation could simplify compliance and benefit various family income structures, aligning with practices in countries like the US and Germany.

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