DTC 2025, the Direct Tax Code 2025, marks a pivotal shift in India’s taxation system. Set to replace the Income Tax Act of 1961 in April 2025, DTC 2025 modernizes tax compliance, enhances transparency, and reduces complexities. Designed to meet the demands of a growing economy, this reform simplifies processes, benefits taxpayers, and ensures a fair framework for individuals and businesses.
The Direct Tax Code represents a groundbreaking reform in India’s taxation system. Designed to replace the Income Tax Act of 1961, it aims to simplify compliance, enhance transparency, and align tax regulations with modern needs. Scheduled to take effect in April 2025, the Direct Tax Code ensures a fair and equitable framework for individuals and businesses alike.