New Delhi, Jan. 28 -- In its pre-budget suggestion to the Finance Ministry the Institute of Chartered Accountants of India (ICAI) has urged the Centre to introduce joint income tax filing in Budget 2025 for married couples.

ICAI said that if accepted, this proposal could offer substantial tax relief and encourage equitable taxation for households.

The ICAI has suggested a revised set of tax slabs under the Joint Taxation Scheme, providing a higher exemption limit and broader tax brackets.

It said, "It is suggested to introduce an option for joint taxation of married couples by filing a joint return of income. Individuals may be given an option to pay tax under the Joint Taxation Scheme. They can choose to pay tax individually under the...