đ¨BIG TAX UPDATEđ¨
Govt may bring joint taxation for married couples in Budget 2026
đĽ
-Right now, India taxes individuals, not families.
-Marriage gives zero tax benefit.
-If one spouse doesnât earn, their tax exemption is wasted.
Result? Families pay more tax than needed.
đ¨What could change:
⢠Husband + wife income taxed together
⢠Better use of tax slabs & exemptions
⢠Higher basic exemption limit
⢠Smarter use of home loan, insurance & deductions
⢠Big relief for single-income families
đThis already works in countries like the USA & Germany.
đBonus:
Surcharge limit (âš50L today) may go up to âš75L+ under joint filing.
Middle class relieves.
Families breathe easier.
Tax system becomes fairer.
đBudget 2026â27 | Feb 1
#budget