Top Tweets for #directtaxcode
Parliamentary panel favours a people-friendly #DirectTaxCode (DTC), likely to be presented in the #MonsoonSession2025 and after enactment, will be implamented from April 1, writes @htTweets @SaubhadraC
New Income Tax Bill (aka Direct Tax Code 2025) Introduced "tax year" concept to replace existing most confusing language "Assessment Year", "Previous Year", "financial year" etc.
#incometaxbill #directtaxcode
New Income Tax Bill (aka Direct Tax Code 2025):
8. No major changes from Budget 2025 to new income tax act bill from the perspective of tax slabs, old vs new tax regime.
https://t.co/NLqpUD2aSV
#eztax #IncomeTaxBill #DirectTaxCode #DTC2025
New Income Tax Bill (aka Direct Tax Code 2025):
3. New Income Tax Act 2025 has clarified that STT paid at the time of selling and purchasing shares "cannot be claimed as expense" while computing Capital Gains
https://t.co/2hoInITmcG
#eztax #IncomeTaxBill #DirectTaxCode #DTC2025
New Income Tax Bill (aka Direct Tax Code 2025):
2. The new Income Tax act 2025 will be effective from 01st April 2026 (Not yet authorised yet, it's very likely).
https://t.co/NLqpUD1D3n
#eztax #IncomeTaxBill #DirectTaxCode #DTC2025
New Income Tax Bill (aka Direct Tax Code 2025):
1. Introduced "tax year" concept to replace existing most confusing language "Assessment Year", "Previous Year", "financial year" etc.
This will reduce the confusion.
https://t.co/qGtvKjdU6K
#eztax #IncomeTaxBill #DirectTaxCode #DTC2025
New Income Tax Bill (aka Direct Tax Code 2025) released today but yet to introduce in parliament.
EZTax will relay the major changes soon.
https://t.co/uE15dih6x1
#eztax #IncomeTaxBill #DirectTaxCode #DTC2025
@sandipsabharwal @FinMinIndia I think...
FIIs know more about it than Indian investors! 'Never bet against FIIs' used to be a Golden Rule for Retail Investors all these years.
If FIIs sell, you Sell, if they buy you buy!
#taxterrorism #DirectTaxCode @theskindoctor13
We are expecting a kill switch for the ambiguity in the new income tax bill going to be announced on Feb 13th.
This would be awful for those who enjoyed ambiguity in the past decade but good for new India.
https://t.co/m8z2iyDOWL
#eztax #IncomeTaxBill #DTC2025 #DirectTaxCode
NEXT TRIGGER FOR THE MARKET IS DIRECT TAX CODE (DTC)
SOME QUESTIONS ⁉️ IN MY MIND REGARDING DIRECT TAX CODE
1) What is the direct tax code ?
2). Why is the Government Considering a Direct Tax Code ?
3) Stock Market Reaction to the Direct Tax Code ?
#DirectTaxCode #DCT
1) What is the direct tax code ?
👇👇👇
👉The Direct Tax Code (DTC) is a proposed tax reform in India aimed at replacing the existing Income Tax Act, 1961 and other direct tax laws. The goal of the DTC is to simplify, modernize, and make direct taxation more efficient while reducing ambiguities.
2). Why is the Government Considering a Direct Tax Code?
👇👇👇
👉The government is looking to implement a new Direct Tax Code for several reasons:
👉A) Simplification of Tax Laws – The current Income Tax Act is complex, with multiple amendments over the years. A fresh law can streamline tax rules.
👉B )Wider Tax Base – The DTC aims to bring more individuals and corporations into the tax net, reducing tax evasion.
👉C) Lower Tax Rates with Fewer Exemptions – A simplified structure could reduce exemptions but offer lower tax rates.
👉D) Alignment with Global Standards – India wants its tax laws to align with international best practices to attract foreign investors.
👉E) Better Dispute Resolution – The DTC may help reduce litigation by providing clearer tax rules.
3) Stock Market Reaction to the Direct Tax Code ?
👇👇👇
👉The stock market's reaction will depend on the specific provisions of the new tax code. Possible impacts include:
👉A) Positive Market Reaction
👉If corporate tax rates are reduced, it could boost company profits, leading to higher stock prices.
👉Simplification of taxation could encourage foreign investment.
👉If the DTC provides clarity on capital gains tax, it could benefit investors.
👉B) Negative Market Reaction
👉If the DTC increases taxes on capital gains, dividends, or wealth, it could lead to market corrections.
👉Higher personal income tax rates could reduce disposable income, affecting consumption-driven sectors.
👉C) Neutral or Mixed Reaction
👇👇👇
👉If the DTC maintains the current tax structure with only minor changes, the market may remain stable.
👉 Let's see TAI kya karti Hain 🤞🤞
Direct Tax Code 2025: Simplifying India’s Taxation System
#IncomeTaxBill #DTC #directtaxcode #Tax #taxpayers #Taxation #CBDT #Budget25 #UnionBudget2025 #UPDATES
https://t.co/afKFASKDAN
The new legislation, often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.
@Himanshu_Aajtak #DirectTaxCode
https://t.co/PmP9VIDh5G
The new direct tax code bill will not have any new taxes, will be applicable from April’: Tuhin Kanta Pandey, Finance secy 🇮🇳 @KALPESH24569477 #DirectTaxCode
New Income tax bill (Direct Tax Ccode 2025) is expected to be presented in the parliament on 06th February 2025 in Rajya Sabha.
more on expectations at https://t.co/m8z2iyDOWL
#eztax #DirectTaxCode #IncomeTaxBill #DTC2025
📢 Direct Tax Code: 35% Tax on Stock Market Income? 💰📉
अगर ये सच हुआ तो खेल ख़तम! 😨
नया Direct Tax Code स्टॉक मार्केट इन्वेस्टर्स के लिए बड़ा झटका साबित हो सकता है!
क्या सच में 35% टैक्स लगेगा? 🤔
🧿Open demat account- https://t.co/uCDbSD78Io
#StockMarket #DirectTaxCode #TaxNews
#BudgetWithCNBCTV18 | The 10 big headlines that impact YOU — all in under 30 minutes
THE BUDGET ARCHITECTS: India's top bureaucrats speak to @ShereenBhan at the #BudgetVerdict, discussing the Centre's action plan on #DirectTaxcode, #Cryptos, #Trump, #AI ,#Defence and more
Coming up at 6 PM.
Only on CNBC-TV18 — Your Budget Headquarters | #Budget2025 #Budget #UnionBudget2025 #UnionBudget
#BudgetWithCNBCTV18
10 Big Headlines That Impact YOU, all in less than 30 minutes
THE BUDGET ARCHITECTS, India's top bureaucrats speak to @ShereenBhan at the #BudgetVerdict, share the govt's plan on #Directtaxcode, #Cryptos #Trump #AI #Defence and more
Mkts are continuously crashing post the budget. Are the mrkts expecting something negative in the upcoming DTC Direct tax code bill next week? tweaking LTCG/STCG or combining the mkt gains with total income and taxing it according to slabs? 🤔.
Just a thought.
#directtaxcode
Govt propose to introduce the new income-tax bill next week. #DirectTaxCode
Do you believe CMA & CS will get opportunity to conduct Income tax audit along with CA's in DTC 2025?
#BudgetSession2025 #CA #CMA #CS #Tax #Budget #IncomeTaxBill #Budget2025 #ICMAI #ICAI #ICSI #Audit
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