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Time of India
26-07-2025
- Automotive
- Time of India
How a Bengaluru man tried to dodge tax by registering his Ferrari & Mercedes in other states but ended up paying Rs 1 crore in dues
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel A businessman based in Bengaluru has landed in trouble for trying to dodge Karnataka's high road tax by registering his luxury cars in other states. According to a TOI report, he has now been made to pay nearly Rs 1 crore in pending taxes after a transport department department recovered Rs 61.9 lakh in tax for his Ferrari 812 Superfast, which was registered in Jharkhand, and Rs 37 lakh for his Mercedes-Benz, which was registered in Puducherry. Officials found that both cars were regularly being used in Karnataka, even though they were registered elsewhere.'He lives and works in Bengaluru. The Ferrari, which costs about Rs 5 crore, was registered in Jharkhand with just Rs 14 lakh paid as tax. If he had registered it here, the tax would have been close to Rs 1 crore,' a senior official from the transport department told per the rules, if a car registered outside Karnataka is used in the state for more than 12 months, the owner must pay Karnataka's road tax. 'He didn't follow this rule,' the official March, the department sent the businessman a notice asking him to pay the dues. He first claimed the Ferrari had only come to Bengaluru for servicing in January and would be returned to Jharkhand within three months.'But we gathered proof that both cars had been used here regularly for over a year. On Friday, we showed him the evidence and warned of legal action. He then agreed to settle the matter and gave cheques for the dues,' the official is the second such case in recent days. Earlier this week, the department collected Rs 40 lakh in tax from another businessman who had bought second-hand Rolls-Royce cars that once belonged to actors Amitabh Bachchan and Aamir Khan. Those vehicles were also running in Karnataka without paying local from TOI
Time of India
25-07-2025
- Automotive
- Time of India
Bengaluru businessman coughs up nearly Rs 1 crore in tax dues for Ferrari, Merc
Bengaluru: A city-based businessman, who allegedly registered his high-end Ferrari and Mercedes-Benz outside Karnataka to evade the state's steep lifetime taxes, has been made to pay nearly Rs 1 crore in dues after a transport department inquiry. The department recovered Rs 61.9 lakh for the Ferrari 812 Superfast, which was registered in Jharkhand, and Rs 37 lakh for the Mercedes-Benz, registered in Puducherry. Officials said both vehicles were in regular use within the state, despite being registered elsewhere. "He is a resident of Bengaluru and operates his business from here. Both high-end cars were registered outside Karnataka to avoid the higher tax slabs applicable within the state. For instance, on the Rs 5-crore Ferrari, which he bought 4-5 years ago, he paid just Rs 14 lakh in Jharkhand. Had he registered it in Karnataka, he would have been liable to pay nearly Rs 1 crore in tax," a senior transport department official said. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Under existing rules, if a vehicle registered outside Karnataka is used within the state for more than 12 months, the owner is required to pay the applicable road tax. "He failed to comply," the official added. The department issued a notice to the businessman in March this year, seeking recovery of unpaid dues. He initially claimed the Ferrari had only been brought to Bengaluru for servicing in Jan and would be returned to Jharkhand within three months. "Meanwhile, we gathered evidence showing both cars were being regularly used in Karnataka for over a year. On Friday, we confronted him with the details and warned of legal action for misleading the department," the official said. The businessman subsequently agreed to settle the matter and issued cheques to cover the outstanding taxes. This is the second such high-profile recovery by the department in recent days. Earlier this week, it collected Rs 40 lakh in tax dues from a businessman who had purchased used Rolls-Royce cars previously owned by Bollywood actors Amitabh Bachchan and Aamir Khan. The cars, originally registered in Maharashtra, were being operated in Karnataka for years without payment of local taxes.
Deccan Herald
25-07-2025
- Automotive
- Deccan Herald
Bengaluru: Now, Ferrari & Mercedes owners pay Rs 1 cr in fines, unpaid road tax
Bengaluru: Transport authorities on Friday penalised the owners of two more luxury cars that were registered outside Karnataka but regularly used within the state without paying applicable road tax. .A Jayanagar RTO team collected nearly Rs 1 crore in fines and unpaid road tax from the car owners. .The cars include a Ferrari 812 Superfast registered in Jharkhand (JH 10 BS0099) and a Mercedes-Benz G-Class AMG G 63 registered in Puducherry (PY 05 K 6309). .The Ferrari owner had to fork out Rs 61,94,494 and the Merc owner Rs 37,03,644. .The two cars were being regularly used in Karnataka for more than two years, a Transport Department official told said. .Bengaluru bizman fined Rs 38 lakh for unpaid road tax on luxury cars bought from Amitabh Bachchan, Aamir on Wednesday, transport authorities fined scrap dealer-turned-real-estate businessman Yousuf Shariff, popularly known as KGF Babu, nearly Rs 40 lakh for using two Maharashtra-regitered Rolls-Royce cars in Bengaluru without paying the required road tax. .One of the cars (MH 02-BB-0002) was bought from Bollywood legend Amitabh Bachchan, and the other (MH11-AX-0001) from actor Aamir Khan. .As per transport department rules, any vehicle registered outside Karnataka and used continuously in the state for over a year must pay the applicable road tax.
India.com
21-07-2025
- Automotive
- India.com
Not Mukesh Ambani, Akash Ambani or Anant Ambani, but this person owns India's most expensive car of Rs 1000000000, it is…, she is…
Mukesh Ambani is in headlines for his expensive Antilia house, cars and luxurious lifestyle. But he is not the owner of India's most expensive car despite having the world's best cars collections. Who Is Owner Of India's Most Expensive Car? According to a report by ABP Live, Nita Ambani owns the Audi A9 Chameleon, a luxury car estimated at Rs 100 crore. It is an ultra-exclusive vehicle and has color-shifting paint technology that can change colors electronically at the press of a button. It also gives a unique driving experience. Only 11 units of this cars are sold worldwide, the Audi A9 Chameleon is among the rarest and most innovative cars ever built. Its blend of cutting-edge design and sheer exclusivity makes it a symbol of both wealth and technological sophistication. Nita Ambani's Cars Collection The Audi A9 Chameleon is powered by a 4.0-litre V8 engine with an impressive 600 horsepower. The vehicle's two-door design spans five meters in length with better presence on the road. It is a unique car with a single-piece windshield and roof. It also has a design rarely seen in conventional luxury cars. It is equipped with next-generation technology available only in this model, the car embodies the pinnacle of modern automotive innovation. Nita Ambani's Cars Collection Rolls-Royce Phantom VIII EWB: This extended model is celebrated for its opulent interiors and a commanding V12 engine. Mercedes-Maybach S600 Guard: Engineered for maximum protection, this armored sedan is bulletproof and blast-resistant, offering top-tier security. Ferrari 812 Superfast: A high-performance sports car has a mighty V12 engine, delivering both speed and style. Bentley Continental Flying Spur: A refined grand tourer, known for its elegant design, advanced features, and robust engine performance. Rolls-Royce Cullinan: This ultra-luxurious SUV combines off-road capability with Rolls-Royce's signature comfort and power. BMW 7 Series 760Li Security (2004 model): Luxury sedan designed for discreet security gives protection and prestige.
Miami Herald
03-07-2025
- Politics
- Miami Herald
Contractors building Alligator Alcatraz have donated money to Florida GOP, DeSantis
Among at least 10 state contractors involved in the creation of Alligator Alcatraz, the facility in the middle of the Everglades the state has built for immigrant detainees, three have given money to Gov. Ron DeSantis or the Republican Party of Florida for statewide campaigns. One contractor stands out: CDR Maguire and its affiliated company, CDR Health. The companies and their married chief executives, Carlos Duart and Tina Vidal-Duart, have given a total of $1.9 million to the two state political action committees supporting DeSantis' bids for governor and to the Republican Party of Florida, according to Florida campaign finance records. Duart and Vidal-Duart are close allies of DeSantis and have come up repeatedly in recent reporting by the Herald/Times. Duart, a DeSantis-appointed FIU trustee, was mentioned in an article relating to the Governor's Inn, an exclusive hotel developed by a different donor that is closed to the public. Reporters saw him going in and out of the Inn on May 6 before driving off in his black Ferrari 812 Superfast — worth up to $400,000 new. Vidal-Duart serves on the board of the embattled Hope Florida Foundation charity that is spearheaded by state First Lady Casey DeSantis and that is central to a criminal investigation by the State Attorney's Office in Leon County over a $10 million transfer that came from a Medicaid settlement last year. CDR Maguire is a national emergency-management company based in Miami. It has seven affiliated companies, according to its website, that span from health care to financial services to bridge construction, all of which could be useful in developing temporary shelters such as the migrant detention center being built in the Everglades. CDR Health is among them. According to the company's website, employees at CDR Health's Miami office have treated more than 140,000 refugees, including Cuban and Haitian asylum applicants. Neither Duart nor Vidal-Duart returned a call from the Herald/Times on Wednesday. Two sources familiar with the construction of the Everglades site confirmed to the Herald/Times that the companies are working on site preparation and engineering, as well as staffing a medical facility. The detention camp is intended to house up to 3,000 immigrants before they are deported. It opened on Tuesday with a red-carpet-like rollout for political celebrities including President Donald Trump, Department of Homeland Security Secretary Kristi Noem and DeSantis. Friendly press were given tours. It was set to accept its first detainees Wednesday night, state Attorney General James Uthmeier said in a post on X. The other state contractors include Deployed Resources LLC, the port-a-potty company Doodie Calls, GardaWorld, Garner Environmental Services, Gothams LLC, Granny's Alliance, Longview International Technological Solutions and SLS-WSP JV. GardaWorld Cash, one of several companies affiliated with GardaWorld – one of the world's largest security services companies, according to its website — gave $5,000 to DeSantis' Empower Parents political action committee in 2018. The political organization, which went by Friends of Ron DeSantis at the time, was created to support DeSantis' first bid for governor. GardaWorld will provide correctional staffing to the site, according to the two sources familiar with the plans. GardaWorld has also been eyed for Florida's immigration agenda before – they were one of the vendors picked by the state to fly migrants out of Florida. A representative from GardaWorld did not immediately respond to a request for comment on Wednesday evening. Gothams LLC is a 'disaster logistics response' company, according to its website. Founder Matt Michelsen gave $25,000 to the Republican Party of Florida in 2021 and $25,000 to DeSantis' Empower Parents political action committee in 2022. Gothams will provide technology services, according to the sources. A representative did not immediately respond to a request for comment on Wednesday evening. Gothams, which is based in Texas, has made millions constructing a holding facility in the Lone Star state, according to the nonprofit news organization Texas Observer. Billions awarded before While CDR Maguire's owners are the biggest donors to DeSantis and the state Republican party, their two companies haven't received the most money in state contracts compared to one of the other Alligator Alcatraz vendors. That prize goes to Texas-based Garner Environmental Services. The DeSantis administration is being sued by environmental groups given the remote construction site is in the ecologically unique Everglades. Garner has been awarded up to $1.6 billion for past state work, according to the Florida contracting system. Garner has worked with Florida for hurricane preparation and recovery. The firm will help build the detention center and assist with ongoing maintenance, according to the sources. A representative from the company could not be reached for comment on Wednesday evening. CDR Maguire and CDR Health have been awarded up to a $1 billion combined for past state contracting work. Gothams LLC has been awarded up to $310.5 million. GardaWorld has been awarded up to nearly $8 million. All the other state contractors confirmed by the Herald/Times have also received past contracting work, according to the state's contracting website: ▪ SLS-WSP JV: awarded up to $279 million ▪ Longview International Technology Solutions (LTS): awarded up to $221 million ▪ Doodie Calls: awarded up to $207.8 million ▪ Deployed Resources LLC: awarded up to $65.7 million ▪ Granny's Alliance: awarded up to $56 million Representatives from the companies did not immediately respond to a request for comment on Wednesday evening. SLS-WSP, like Garner, is helping build out the detention facility. LTS, like CDR Maguire, is involved in site preparation and engineering. Doodie Calls, aptly named, will provide facility sanitation. Granny's Alliance will feed detained migrants. Deployed Resources will provide janitorial services, according to the sources. Deployed Resources also has a $3.8 billion dollar contract with the federal government to operate a migrant detention camp in Texas, according to the Texas Tribune, and has focused on tent complexes. Miami Herald staff writers Siena Duncan and Churchill Ndonwie contributed to this story.
