Direct Tax Code 2025: Key Changes in India’s Tax System
The Direct Tax Code 2025 (DTC 2025) is set to replace the outdated Income Tax Act of 1961, bringing much-needed reforms to India’s tax system. With its planned rollout in April 2025, this new code aims to simplify taxation, improve compliance, and modernize the regulatory framework. After years of development and delays, the Direct Tax Code 2025 is a pivotal step toward creating a more transparent and efficient tax system in India.