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 introduced to make the tax concise and easy to understand. Will the Direct Tax Code replace the Income Tax Act 1961 this Budget 2025? But what is Direct Tax Code, or DTC? Here is all you need to know.
Updated 11 months ago

ITR(Income Tax Return) filing correctly is crucial for financial health and compliance. The last date for ITR filing if 31st July 2024. If you are navigating through this process currently, this video is just for you. In this episode of Money Matters, CA Nitesh Buddhadev guides you through the essential steps to ensure a hassle-free ITR filing experience. Whether you`re a first-time filer or looking to refine your process, this video offers valuable tips to simplify ITR filing and stay on top of your tax obligations. Learn about common mistakes to avoid.
Updated 1 year ago
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