15 September 2014
Are you aware of any steps Finance ministry taking in this area (family status).
Individual tax filing was a valid case when there was only one earning hand in a family. Now, both spouse are earning and they get tax benefit.
In cases where family has only one earning person then this structure of tax puts extra load on head of family as he is spending on family(wife and) but cant take benefit of tax saving for her family.
This mean I am bearing all liability of my wife without any tax benefit.
Govt. is giving no value to house wife however they are also work 24 X 7.