Achche din for taxpayers?
The Bharatiya Janata Party (BJP) has come to power by promising "achche din", or good days, to Indians. Different people will interpret this promise differently.
The readers of this story are presumably middle-class and upper middle-class salaried employees, self-employed professionals and owners of businesses, small and big. They are not part of any group of vested interests. They are not a vote bank.
How would Narendra Modi handle the expectations of this diverse group of people? What does achche din mean for them? Mr Modi seems attuned to people's thoughts and needs more than other recent prime ministers.
So, he may find out what the expectations of this largely urban group are. One large component of this group includes middle-class and upper middle-class savers. There are multiple points of pain for them, with the most widespread of their problems being income tax. Text:
Debashis Basu, Business Standard
The writer is the editor of www.moneylife.in
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