Direct Tax Code 2025: Transforming India’s Tax System

Rahul136009 Jan, 2025Education

India is on the verge of a significant tax reform with the introduction of the Direct Tax Code 2025. Replacing the Income Tax Act of 1961, this revolutionary change will take effect in April 2025, marking a major shift in how businesses and individuals manage their tax obligations. The direct tax code aims to modernize the taxation framework