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ICAI Floats Optional Joint Income Tax Filing Idea Ahead of Union Budget 2026
Ahead of Budget 2026, ICAI has suggested optional joint income tax filing for married couples, a proposal that could significantly reshape household tax planning.
As preparations for the Union Budget 2026 gather pace, the Institute of Chartered Accountants of India has proposed introducing an optional joint taxation system for married couples. The suggestion, submitted during pre-Budget consultations, would allow spouses to file a combined income tax return instead of separate filings. If accepted by the Ministry of Finance, the move could alter household tax planning, especially for single income families, and signal a structural shift in India’s personal taxation framework.