FM Sitharaman: First Time in Independent India That Income Tax & GST Taxes Slashed Together - CAclubindia

Finance Minister Nirmala Sitharaman on 5th Dec 2025, Friday, said that the Modi government has created history by delivering deep cuts in both direct and indirect taxes within the same financial year, something she said has never happened before in independent India. Addressing lawmakers in the Lok Sabha, the minister stated, "At no point in India's independent history have both direct and indirec…