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📢 CA. Charanjot Singh Nanda, President, ICAI, shares key updates on the profession and highlights from the June 2025 edition of The Chartered Accountant Journal. 📌 President’s
The Institute of Chartered Accountants of India. . 📢 CA. Charanjot Singh Nanda, President, ICAI, shares key updates on the profession and highlights from the June 2025 edition of The Chartered Accountant Journal. 📌 President’s Message – June 2025: 🔗 https://www.icai.org/post/president-message 📘 Read the CA Journal – June 2025 ...
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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
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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
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