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Single-income families can have lower taxes if ITR is filed jointly by husband & wife
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Single-income families can have lower taxes if ITR is filed jointly by husband & wife
Kolkata: The income tax laws that India has treats each individual as a separate taxpayer. There is no provision for splitting the income of an individual with his/her spouse which can lower the tax burden, assuming the spouse has no income. There is no provision for a couple to file their income tax returns jointly. If they could the tax liability could have been far lower for a very large number of families. Murmurs about the suitability of jo…
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