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LUXURY CAR TAX
Bigger paycheck, but same financial anxiety? CA explains the 'comfortable poverty' trapHigh earners often face 'comfortable poverty' despite salary hikes, as lifestyle inflation erodes financial security. Chartered accountant ...03 Jun, 2026, 08.06 AM IST- 'No car, couch or TV': 24-year-old Meta employee earning $306,500 rejects luxurious lifestyle, reveals strategy to build wealth while pursuing travelling, hobbiesA 24-year-old software engineer at Meta, Raymond Zeng, earns a staggering $306,500 annually but lives a minimalist life,. He does not own a...29 May, 2026, 11.34 AM IST
- Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...27 May, 2026, 04.11 PM IST
- Robert Kiyosaki asks: Why are outdated money habits still trapping hardworking professionals despite rising salaries? The viral Rich Dad Poor Dad wealth lesson reshaping financial freedom globallyMore than 62% of working professionals now live paycheck to paycheck despite rising salaries and better jobs. That growing financial pressu...12 May, 2026, 07.44 PM IST
- Rs 30 LPA earner can be poorer than Rs 10 LPA one: CA explains the math of 'high income trap' that eats up your wealthA chartered accountant’s viral thread explains why earning a high salary does not always lead to real wealth. He points out that as income ...07 May, 2026, 02.12 PM IST
- The Long Drive: 14 decades of the automobile that changed how we travelFourteen decades, countless journeys and one invention that changed humanity. Atul Bandekar takes us on a ride through the story of the aut...26 Apr, 2026, 09.28 AM IST
- Boardroom on wheels: How MPVs have begun to speak a new language of luxury on Indian roadsThe growing popularity of the MPV among top executives and celebrities signals the arrival of a new trend -- one that is defined by practic...19 Apr, 2026, 09.40 AM IST
- Akshaya Tritiya Alert: Fake gold-silver scam exposed. How conman who earlier duped Aditya Pancholi & Salim Khan's aide trapped victimsAn interstate fake gold coin scam targeting wealthy individuals was busted by Gurgaon Police, with the arrest of Solanki Prabhubhai Gulshan...17 Apr, 2026, 02.10 PM IST
- Visiting Japan this year? Here are the new costs you should know aboutJapan's travel costs are rising in 2026 due to new taxes and price hikes across accommodation, transport, and departure fees. Kyoto and oth...16 Apr, 2026, 03.59 PM IST
- Rs 50 LPA but no latest iPhone or Zara clothes: 27-year-old Bengaluru techie reveals what she spends her money on insteadA 27-year-old Bengaluru techie earning around Rs 50 LPA has gone viral for rejecting the stereotypical luxury lifestyle often linked with h...15 Apr, 2026, 03.54 PM IST
- Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...15 Apr, 2026, 01.04 AM IST
- Think your luxury house is an asset? CA warns and calls it a 'subscription fee to live'A chartered accountant challenges the notion that expensive homes are wealth-building assets. He argues that high recurring costs and signi...13 Apr, 2026, 04.16 PM IST
- Donald Trump lays red carpet for Rolls-Royce, Bentley, Jaguar in UK Trade agreement. Details herePresident Donald Trump on Thursday reduced taxes on handmade UK luxury cars like Rolls-Royce, saying they are rare and don’t compete with U...09 May, 2025, 01.15 AM IST
- Bengaluru transport dept seizes 30 luxury cars worth crores including Ferrari, Porsche, BMW for not paying taxBengaluru transport department seized 30 luxury cars, including Ferrari and Porsche, due to unpaid taxes. The operation, led by Deputy Comm...04 Feb, 2025, 03.36 PM IST
- High taxes hampering growth of luxury car segment in India: AudiLuxury vehicles currently attract the top GST slab of 28 per cent with an additional cess of 20 per cent on sedans and 22 per cent on SUVs,...31 Oct, 2021, 11.36 AM IST
- GST council clears up to 15 per cent cess on luxury carsWhile the exact cess would be decided by the GST council when the rates are finalised, FM said that the states and the Centre had given the...18 Mar, 2017, 10.20 AM IST
- Auto industry meets Adhia; cess, luxury car definition in focusMaruti Suzuki MD and CEO Kenichi Ayukawa said implementation of Goods and Services Tax (GST) is good for the country but it has to be imple...07 Nov, 2016, 03.32 PM IST
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