Lavish Wedding Alert in Karnataka. Luxury Tax Could Apply
Anand G, a businessman in Bangalore, is determined to give his 22-year-old daughter the fairytale wedding she grew up dreaming of. It's an AmEx black-card version of a fairytale, judging from the sangeet that was held on Monday in Bangalore. Designated de rigeuer by his princess was a five-star venue, guests and chefs from at least 10 countries, and a phalanx of brand-name DJs. Big fat weddings like these across Karnataka could soon be crashed by a new luxury tax the government wants to impose. Weddings that cost more than Rs. five lakhs or have 1,000 invitees will have to pay the price, according to a proposal that the state's law-makers will discuss later this month. (Read more)
