DTC 2025: Key Changes & Impact of Direct Tax Code Reform

The Direct Tax Code (DTC) 2025 is set to revolutionize India\'s taxation system by replacing the outdated Income Tax Act of 1961. This long-awaited reform simplifies tax laws, enhances transparency, and ensures better compliance. Introduced by Finance Minister Nirmala Sitharaman, the Direct Tax Code modernizes India\'s tax framework to benefit both individuals and businesses.