Budget 2026: Joint Tax Filing for Couples? Up to ₹8 Lakh Relief Proposed

Money
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News18•27-12-2025, 20:52
Budget 2026: Joint Tax Filing for Couples? Up to ₹8 Lakh Relief Proposed
- •Budget 2026 may introduce joint income tax filing for married couples, a significant demand gaining traction.
- •Proposal includes a family-level tax exemption of ₹6-8 lakh, potentially doubling the current individual limit.
- •Aims to provide relief to single-income families facing rising expenses and a higher tax burden under current separate filing rules.
- •ICAI has recommended joint tax returns, citing practices in countries like the USA and United Kingdom.
- •Implementation requires major changes to the Income Tax Act but offers a chance for a more family-friendly tax system.
Why It Matters: Joint tax filing for couples in Budget 2026 could offer substantial relief to families.
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