Direct Tax Code 2025: A Game-Changer in India’s Tax System
India is set to implement the DTC 2025, marking a significant transformation in its taxation framework. This reform replaces the outdated Income Tax Act of 1961 and aims to streamline tax compliance, enhance transparency, and create a fairer taxation system. With Direct Tax Code set to roll out in April 2025, individuals and businesses must prepare for a simplified and efficient tax structure.