Browsing: India

India’s Finance Ministry is weighing an ICAI proposal for optional joint tax filing for married couples ahead of Union Budget 2026, with higher exemptions, wider slabs and global models like the US and Germany informing the debate, even as experts flag compliance, system redesign and equity challenges.

Republican Senators Steve Daines and Kevin Cramer are urging President Donald Trump to push India to lower steep tariffs on US pulse crops, citing a major competitive disadvantage for American farmers as Washington and New Delhi navigate tense trade negotiations and seek a more balanced agricultural trade relationship.