Delhi CA reveals client with Rs 11.4 crore net worth, including 20–22 plots, asked for Rs 15,000 discount; says 'such clients exist'

A Delhi-based chartered accountant has sparked conversation online after sharing a surprising client interaction on X. The post, which quickly gained attention, highlights how even high net worth individuals (HNIs) can be particular about fees.

Rs 11 Crore Net Worth, Yet Asked for Discount

Chartered accountant Nitin Kaushik revealed that a wealthy client approached him for a net worth certification required by his brokerage firm, Upstox.

According to Kaushik, the client’s net worth was calculated at around Rs 11.4 crore, built through multiple income streams including:

• Ownership of small land plots across India
• Investments in several startups
• Partnerships in multiple firms

Despite this substantial financial standing, the client negotiated the professional fee.

“An HNI came over to get a net worth certification… His net worth turned out to be 11.4 crores. I quoted 1 lakh as my fees, he asked for some discount and happily paid Rs 85,000,” Kaushik wrote on X.

“Yes, such clients exist too.”

Social Media Reactions: Mixed Responses

The post triggered a range of reactions from users on X. While some found the situation amusing and relatable, others were sceptical about the authenticity of the claim.

One user criticised the post, suggesting it reflected poorly on the profession and questioning the fee structure.

Kaushik responded firmly, defending his practice and client base: “When your practice grows, you gradually shift to premium clients, that helps you monetise your time and efforts well. I am sorry if you can’t find premium clients…”

His reply further fuelled debate around pricing, professionalism and client expectations in the financial services industry.

Why This Story Struck a Chord

The incident has resonated online because it flips a common assumption, that wealth automatically translates into willingness to spend. Instead, it highlights a familiar reality: people, regardless of their net worth, often negotiate for value.

For professionals, especially in finance and consulting, the story also raises questions about:

• Pricing strategies for high-value clients
• Perceived value of specialised services
• Balancing client expectations with expertise

Whether the client was being prudent or simply frugal, one thing is clear: even those with crores in the bank don’t always shy away from asking for a better deal.