Direct Tax Code 2025 Draft Pdf. A step towards simplifying india's complex tax system india's direct tax laws, which govern income tax, have long been considered complex and difficult to navigate,. 30% but due to surcharge that effective rate became 42.744%.
The centre is expected to unveil the direct tax code 2025, the simplified version of the income tax laws, in the upcoming union budget to be presented on february 1 next year. Surcharge may be removed in direct tax code.