Section 64 Income Clubbing: How India's Tax Law Closes the Family Income-Splitting Loophole

Section 64 aggregates spouse, minor child, and daughter-in-law income with the primary taxpayer's, taxing it at their slab rate—neutralising common income-splitting strategies among family members.

ndtv-profit-business · 7/2/2026, 3:52:34 AM · Ask about this →