It's not just about the processor, whether it can handle it or not, even an i3 can handle that requirement, but by spending 40k what you will get is
- crappy display
- crappy speakers
- crappy webcam
- crappy microphones
- crappy plasticky build
- crappy hinges
- laggy OS
The 40k laptop will definitely run for 6+ years but you have to live with those aspects.
By spending extra 29k and getting M1 you will have none of those, as you said budget is not really a constraint, so with that in mind doesn't make sense to get 40k laptop IMO.
Also M1 will hold it's value much better than the 40k or even 80k windows laptop after 6 years, selling it after you are done will be a piece of cake.
