The Economic Times

Delhi NCR families and the Rs 50 lakh wedding trap: CA warns about bigger cars, designer brands and lifestyle inflation

CA Nitin Kaushik highlighted a lifestyle inflation trend among some families in Delhi NCR, where rising incomes can lead to bigger weddings, cars, homes, holidays and expensive designer products. He said this spending is not necessarily irresponsible, but can become problematic when every income increase brings another lifestyle upgrade. According to Kaushik, the bigger danger is reaching a point where spending less feels difficult, despite e