Do we have any channel to discuss automobiles? Doe...
# random
a
Do we have any channel to discuss automobiles? Does anyone own a luxury car?
👋 1
m
You can't own a Luxury car in employee salary in India. Unless papa ka paisa.
a
I am sure we have a lot of people who owns a business here in group @millions-ice-83302
f
We've all individually paid enough tax for Govt to own luxury car though. 🙃
😭 12
m
Considering you are in 30% bracket. To buy a 18Lac Car. 6L(income tax on that 18 lac cash). 5 Lac GST and 2 Lac Road tax. You are paying 13 Lac tax on 18Lac Car. Guess who is the lucky winner?
s
Luxury as in ? Hyundai type luxury or Mercedes type
m
Anything above 50Lacs. @shy-eve-49716
g
A car is luxury for me 🥲
🫂 13
l
@acceptable-parrot-68168 what do you drive?
a
I drive a Kia Sonet @loud-arm-24251, so not a luxury car, but had a few questions on ownership of luxury vehicle.
h
The trick to owning a luxury car is to understand depreciation or lease taxation.
☝️ 3
👀 2
f
Considering a remote job, I don't even feel the need to buy a 4 wheeler. There's OLA/Uber for occassional outings. Maybe someday when there's really a need? IDK
😄 3
l
@helpful-gigabyte-47939 sharing the really important points 😁
😉 1