A recent blog claims that the Indian government has officially launched a new Direct Tax Code 2025, detailing its provisions and implications. This assertion has garnered attention, prompting discussions about potential changes to India’s tax structure. However, the claim raises questions regarding its authenticity, as it suggests that a significant legislative development has already occurred.
Claim
The claim made by the blog is that the Indian government has launched the Direct Tax Code 2025 and provided specific details about its provisions. This claim is false, as confirmed by multiple sources indicating that work on the code is still ongoing and no official announcement has been made yet.
Fact
The reality is that the Direct Tax Code 2025 is still under review and has not been announced or implemented by the government. The Central Board of Direct Taxes (CBDT) is currently working on simplifying the existing income tax laws, with expectations for a draft to be presented in the upcoming Budget 2025. The government aims to enhance taxpayer compliance and streamline tax processes through this initiative, but it remains a work in progress.
Top sources attributing this fact include:
- ClearTax
- PIB Fact Check
Conclusion
This fact-check can be classified as False Content, as it contains information that is wholly false regarding the launch of the Direct Tax Code 2025. The ongoing discussions and lack of an official announcement render the claim misleading and inaccurate.
