Union Budget 2026 Considers Joint Taxation Option for Married Couples in India

Ahead of India's Union Budget 2026, discussions are underway about introducing joint taxation for married couples, a proposal supported by the Institute of Chartered Accountants of India (ICAI). This system would allow spouses to file taxes jointly or separately, potentially doubling the basic exemption limit and benefiting single-income and retired families. While major changes to income tax slabs are unlikely, experts expect targeted reforms focusing on simplifying tax compliance and offering relief to households through such measures.