Comprehensive Guide to DTC 2025 & Direct Tax Code Reform
DTC 2025 is set to revolutionize India’s taxation system by replacing the outdated Income Tax Act of 1961. The direct tax code simplifies tax laws, enhances transparency, and improves compliance. Introduced by Finance Minister Nirmala Sitharaman, DTC 2025 streamlines tax policies to benefit both individuals and businesses. By removing unnecessary complexities, it makes tax filing seamless and encourages voluntary compliance.