Categories
Wikipedia, PIB/X

The Truth Behind the Direct Tax Code 2025 Claim: What You Need to Know

Despite claims of its launch, the Direct Tax Code 2025 is still under review and has not been officially announced by the government.

Supported by

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:

  1. ClearTax
  2. 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.

#PoweredByYou We bring you news and stories that are worth your attention! Stories that are relevant, reliable, contextual and unbiased. If you read us, watch us, and like what we do, then show us some love! Good journalism is expensive to produce and we have come this far only with your support. Keep encouraging independent media organisations and independent journalists. We always want to remain answerable to you and not to anyone else.

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Amplified by

ITC Sunfeast - Mom's Magic

In a Season of Promotions, Sunfeast Mom’s Magic Shines with Purpose-Driven Will of Change Campaign

Amplified by

Mahindra

Nation Builders 2024 – Mahindra:  Forging a Resilient Future, Anchoring National Development

Recent Stories

Gautam Adani Responds to ₹2,200 Crore Bribery Allegations: Says, “Every Attack Makes Us Stronger”

Adarsh Kumar: Bihar Egg Seller’s Son Becomes Judge After Clearing BPSC Through YouTube Learning

By Day a Teacher, by Night a Zomato Rider: Amit Kumar’s Struggle to Support His Family on ₹8,000 Salary in Bihar

Contributors

Writer : 
Editor : 
Creatives :