Direct Tax Code

Modernizing India’s tax system is on the agenda. For decades, the Income Tax Act, 1961 has governed direct taxation. However, mounting complexity and compliance challenges have spurred calls for a simpler, more transparent framework—the Direct Tax Code (DTC). This guide explains both systems, compares their key features in an at-a-glance table, and outlines what the changes […]

The Direct Tax Code (DTC) 2025 is poised to revolutionize India’s taxation landscape by replacing the complex Income Tax Act of 1961 with a unified, clear, and taxpayer-friendly framework. This article explains what the Direct Tax Code is, its evolution, key features, benefits, and potential challenges—all in an easy-to-read format enhanced with tables and icons