About this document
Direct Tax Code 2025 Overview and Changes by Niranjan P is a document available to read on EtoBox.
The Direct Tax Code (DTC) aims to replace the outdated Income Tax Act of 1961 with a simplified tax structure in India, set to be implemented in 2025. Key objectives include increasing the taxpayer base, promoting equity and transparency, and minimizing litigation. Major changes involve the removal of certain tax categories, uniform tax rates for domestic and foreign companies, and updated capital gains tax rules.
- Author
- Niranjan P
- Language
- EN