During the ongoing Budget Session, Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, strongly criticized the Narendra Modi-led BJP government, alleging that the 2024 Budget has betrayed the middle class. Gandhi asserted, "The BJP government has betrayed the middle class. By eliminating indexation benefits, the government has stabbed the middle class in the back. The increase in long-term capital gains (LTCG) tax has struck at its heart." The removal of indexation benefits for long-term capital gains on real estate, as announced in the Union Budget 2024, has sparked significant backlash. Critics argue that this change, effective from July 23, 2024, could severely impact the real estate market.