ReferIndia News Rs 18 lakh cost today, Rs 1.37 crore tomorrow: CA issues warning against hidden enemy of personal finance

ReferIndia News

Need a website for your NGO?

Build trust and reach more donors—FreeNGO creates powerful websites tailored for your cause.

Contact Now
News Image

Rs 18 lakh cost today, Rs 1.37 crore tomorrow: CA issues warning against hidden enemy of personal finance

Published on: Sept. 2, 2025, 10:13 p.m. | Source: The Economic Times

Chartered Accountant Nitin Kaushik has cautioned families about the long-term impact of inflation on household finances. Using the example of a business family in Surat, he showed how current annual expenses of Rs 18 lakh could rise to Rs 1.37 crore in 30 years if inflation averages 6 percent. The analysis highlights that inflation alone, without lifestyle changes, can multiply expenses more than sevenfold.

Checkout more news
Ad Banner

Sanjeevani Hospital

Sanjeevani Hospital – Healing with Compassion

know More
ReferIndia News contact