Indian Chartered Accountancy Course - Alchetron, the free social encyclopedia
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Indian Chartered Accountancy Course - Alchetron, the free social encyclopedia
Indian Chartered Accountancy Course - Alchetron, the free social ...
Nov 24, 2017
Institute of Chartered Accountants of India ICAI Exam
The Institute of Chartered Accountants of India (ICAI) has just dropped a massive proposal for the Finance Ministry! 📉 They are suggesting an Optional Joint Income Tax Filing system for spouses—a move that could save Indian families lakhs in taxes. Currently, if one spouse earns ₹25 Lakhs and the other is a homemaker, the earner pays heavy taxes in the 30% bracket while the other’s basic exemption limit goes to waste. ICAI wants to fix this “Marriage Penalty.” Why is this a Game Changer for Tax
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The Institute of Chartered Accountants of India (ICAI) has just dropped a massive proposal for the Finance Ministry! 📉 They are suggesting an Optional Joint Income Tax Filing system for spouses—a move that could save Indian families lakhs in taxes. Currently, if one spouse earns ₹25 Lakhs and the other is a homemaker, the earner pays heavy taxes in the 30% bracket while the other’s basic exemption limit goes to waste. ICAI wants to fix this “Marriage Penalty.” Why is this a Game Changer for Tax
FacebookMukander Beniwal
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The Institute of Chartered Accountants of Bangladesh
The Institute of Chartered Accountants of Bangladesh
charteredaccountantsworldwide.com
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The Chartered Accountant Journal
The Chartered Accountant Journal
icai.org
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