Direct Tax Code 2025 replacing Income Tax Act, 1961 | What is Direct Taxes Code: DTC 2025
In this episode decode the law we will explore the upcoming changes in Indian taxation. This session delves into the Direct Tax Code (DTC) 2025, set to replace the Income Tax Act, 1961, and discusses its key features and implications for taxpayers.
Through Direct Taxes Code (DTC), the government aims to simplify the structure of direct tax laws in India into a single legislation. The DTC will replace the Income-tax Act, 1961, and other direct tax legislation like the Wealth Tax Act, 1957.
Link of DTC Bill: [ Ссылка ]
1:11- intro
3:06- what is DTC tax?
6:56- What makes DTC different? DTC vs income tax act
8:14- history of Direct Taxes Code Bill
Direct Tax Code is a major reform in the tax system where the government aims at simplifying the tax laws and regulations into a single legislation. This article will give details about this major economic reform. The details, as a result, will be of use for candidates appearing for the IAS Exam.
What is the DTC code for income tax?
What is DTC tax?
What is the tax code for India?
What is the Direct Taxes Code Bill 2010?
#incometaxlaw #decodethelaw #dtc #tax
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