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Delhi CA says client with ₹11 crore net worth asked for ₹15,000 discount
Delhi CA says client with ₹11 crore net worth asked for ₹15,000 discount
Delhi CA says client with ₹11 crore net worth asked for ₹15,000 discount
A Delhi-based chartered accountant has shared an amusing story about a wealthy client who asked him for a ₹15,000 discount
Updated on: Apr 06, 2026 10:37 AM IST By Sanya Jain Share via Copy link A Delhi-based chartered accountant has shared an amusing story about a wealthy client who asked him for a ₹15,000 discount despite having a net worth of over ₹11 crore. CA Nitin Kaushik shared the story on the social media platform X, marveling at the existence of such people. The client asked his CA for a discount of ₹15,000 (Representational image)The HNI who asked for a discount
Nitin Kaushik said that a High Net Worth Individual (HNI) came to him to get a net worth certification, which he had to submit to his brokerage firm. Kaushik estimated his net worth to be around ₹11.4 crore. The HNI derived his wealth from several small plots that he owned across the country, his investments in multiple startups, and his role as a partner in many firms. (Also read: ₹600 every day: ‘Disconnected from reality’">Indian billionaire under fire for suggesting people save ₹600 every day: ‘Disconnected from reality’) Despite his impressive net worth, the client asked Kaushik for a discount on his fee. According to Kaushik, he quoted a fee of ₹1 lakh, but the client asked for a discount and paid ₹85,000 in the end. “An HNI came over to get a net worth certification, had to submit it to his brokerage company (Upstox). 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 ₹85,000,” said the CA. “Yes, such clients exist too,” he added.Internet reacts
While some readers were amused by the incident, others questioned the authenticity of the story. “CAs like you are giving a bad name to the profession by writing such pulp fiction. You can see by the comments that even non CAs don't believe in your word porn. Tax audit ka bhi 8500 ₹se jyaada nahi leta hoga. Be a CA not a grifter,” wrote one X user. To this, Kaushik replied, “When your practice grows, you gradually shift to premium clients, that helps you monetize your time & efforts well. I am sorry if you can't find premium clients, maybe because your services are still outdated and mediocre.” (Also read: Indian billionaire insulted by Rolls Royce Dubai showroom now owns a fleet of luxury cars) “So called HNI, partner in many firms, investment in startups, land holdings, and doesn't have his own CA?? Really?? Don't tell me he files his own ITR?? Where did he get this certificate last year?? Why some HNI would share so much private info to a new CA, for one certificate??” another questioned. Kaushik explained that he is the individual’s CA and his net worth last year had been lower. “he previous year he paid 45K, his net worth was considerably low. He has been acquiring land and startups recently as he has sold his holdings in foreign markets and has acquired quite some ancestral wealth,” he said. (Disclaimer: This report is based on user-generated content from social media. HT.com has not independently verified the claims and does not endorse them.) ABOUT THE AUTHOR Sanya Jain Sanya Jain is an Assistant Editor with Hindustan Times Digital. She has nearly a decade of experience in covering offbeat stories that speak to the everyday experience - from viral videos to human interest copies that spark conversation. Her interests stretch across business, pop culture, social media trends, entertainment and global affairs. Before joining Hindustan Times, Sanya spent two years with Moneycontrol and five years with NDTV. She holds an undergraduate degree in English literature from St Stephen’s College, Delhi, and a master’s in journalism from the Xavier Institute of Communications, Mumbai. Sanya has a sharp eye for spotting emerging trends and looking for newsworthy angles to elevate viral posts into meaningful narratives. She was the first one, for example, to cover Narayana Murthy’s remark on 70-hour work weeks that sparked a national conversation. She is equally at ease writing about business leaders as about the common man, about issues of national importance and memes that amuse social media. Sanya enjoys speaking with content creators, newsmakers and entrepreneurs to transform everyday moments into engaging, slice-of-life stories that resonate with readers. When she is not working, Sanya can be found curled up with a good book. Born and raised in Lucknow, she has spent the last several years in Delhi. She is deeply interested in animal welfare and now spends a lot of her time running after her destructive orange cat.Read More Chartered Accountant Get Latest Updates on Trending News Viral News, Video, Photos and Weather Updates of India and around the world Home / Trending / Delhi CA Says Client With ₹11 Crore Net Worth Asked For ₹15,000 Discount See LessA Delhi-based chartered accountant has shared an amusing story about a wealthy client who asked him for a ₹15,000 discount despite having a net worth of over ₹11 crore. CA Nitin Kaushik shared the story on the social media platform X, marveling at the existence of such people.
Kaushik estimated his net worth to be around ₹11.4 crore. The HNI derived his wealth from several small plots that he owned across the country, his investments in multiple startups, and his role as a partner in many firms.
(Also read: ₹600 every day: ‘Disconnected from reality’">Indian billionaire under fire for suggesting people save ₹600 every day: ‘Disconnected from reality’)
Despite his impressive net worth, the client asked Kaushik for a discount on his fee. According to Kaushik, he quoted a fee of ₹1 lakh, but the client asked for a discount and paid ₹85,000 in the end.
“An HNI came over to get a net worth certification, had to submit it to his brokerage company (Upstox). 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 ₹85,000,” said the CA. “Yes, such clients exist too,” he added.
“CAs like you are giving a bad name to the profession by writing such pulp fiction. You can see by the comments that even non CAs don't believe in your word porn. Tax audit ka bhi 8500 ₹se jyaada nahi leta hoga. Be a CA not a grifter,” wrote one X user.
To this, Kaushik replied, “When your practice grows, you gradually shift to premium clients, that helps you monetize your time & efforts well. I am sorry if you can't find premium clients, maybe because your services are still outdated and mediocre.”
(Also read: Indian billionaire insulted by Rolls Royce Dubai showroom now owns a fleet of luxury cars)
“So called HNI, partner in many firms, investment in startups, land holdings, and doesn't have his own CA?? Really?? Don't tell me he files his own ITR?? Where did he get this certificate last year?? Why some HNI would share so much private info to a new CA, for one certificate??” another questioned.
Kaushik explained that he is the individual’s CA and his net worth last year had been lower. “he previous year he paid 45K, his net worth was considerably low. He has been acquiring land and startups recently as he has sold his holdings in foreign markets and has acquired quite some ancestral wealth,” he said.
(Disclaimer: This report is based on user-generated content from social media. HT.com has not independently verified the claims and does not endorse them.)
Source: HindustanTimes
Related Posts: high net worth individual,net worth certification,chartered accountant,discount request,wealthy client,billionaire
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