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Congress leader Rahul Gandhi says Budget 2024 betrayed middle classes

Business Standard LogoBusiness Standard7h ago

Congress leader Rahul Gandhi says Budget 2024 betrayed middle classes - Business Standard

Quick Summary:

The Congress leader said the middle class supported the PM before the Budget, but it has stabbed them in the back and in the chest by increasing the tax on LTCG, STCG and removing the indexation benefit.

Speaking in the Lok Sabha shortly after Gandhi’s speech, Defence Minister Rajnath Singh accused the Congress leader of misleading the nation on the sensitive issue of national security and the Agnipath initiative.

Explaining the mythological context of the chakravyuha, a multi-layered battle formation referred to in the epic Mahabharata, Gandhi said it involved thousands of troops but six men controlled it at its core.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 20:41:51 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 870 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21826492

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