Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...
Will The Income Tax Act, 1961 Be Replaced? What is Direct Tax Code & When Will It Be Implemented- Details Here
The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...
Budget 2025 could start implementing Direct tax code by cutting tax rates, removing exemptions, lay out road map
The news report indicates that the government can bring a new income tax bill in the Budget 2025 session of the Parliament.
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Major Tax Reform In Budget 2025? What We Know So Far
The government will introduce the Direct Tax Code (DTC) separately, rather than including it in the Union Budget 2025, which ...
Budget 2025: What is Direct Tax Code and will it replace Income Tax Act?
The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...
The Financial Express4d
Budget 2025: Govt may replace Income Tax Act, 1961 with THIS new law! What it means for taxpayers
The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...
Is a simpler income tax system coming this Budget?
Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...
The Financial Express2d
Budget 2025: Shift to calendar year tax system from financial year, tax experts to FM! Will it simplify or complicate your taxes?
There is growing anticipation that the Modi government will ease the tax burden on the middle class, provide relief from high ...
Government to move new income tax bill in Budget session
Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus ...
Mid Day1d
Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?
Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...
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Budget 2025: Will government introduce direct tax code to replace Income Tax Act?
The direct tax code (DTC) aims to simplify India's intricate tax system, making it more accessible and easier to follow.