Direct Tax Code 2025: Comprehensive Reforms Explained

The Direct Tax Code 2025, commonly referred to as DTC 2025, introduces a groundbreaking transformation in India’s taxation system. Replacing the Income Tax Act of 1961, this revised tax code aims to simplify regulations, enhance transparency, and incorporate contemporary processes. Scheduled to launch in April 2025, the Direct Tax Code 2025 is designed to streamline compliance for individuals and businesses, ensuring a fair and equitable system.