Direct Tax Code 2025: Simplifying India’s Tax System

India’s taxation system is on the brink of a revolutionary shift with the introduction of the Direct Tax Code 2025 (DTC 2025). Scheduled to take effect in April 2025, this reform replaces the outdated Income Tax Act of 1961. The direct tax code aims to simplify tax laws, promote fairness, and encourage voluntary compliance.

Direct Tax Code 2025: Simplifying India’s Tax System

The Direct Tax Code 2025 (DTC 2025) will revolutionize India’s tax framework by replacing the outdated Income Tax Act of 1961. Starting in April 2025, this long-awaited reform will simplify tax regulations and promote transparency for the financial year 2025-26. With a focus on reducing complexities, the Direct Tax Code 2025 aims to