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