The Institute of Chartered Accountants of India (ICAI) has proposed allowing married couples to file a joint income tax ...

India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...

At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

The proposed reform by ICAI will allow couples to file a joint tax return, offering relief to families that depend on a ...

Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...

Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...

Under the current income tax system, individuals are taxed separately, irrespective of whether they are married or not. Each ...

For a growing section of taxpayers - young professionals, gig workers, and freelancers - filing a tax return still remains complex. Multiple income streams, digital transactions, and evolving ...

Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...

Indians earning salary income abroad can claim foreign tax credit even if Form 67 is filed late, as per a recent ITAT Delhi ...