International Journal of Commerce and Management Research

Authors
R Gayathiri, K Anishaa, G Anandhi

Abstract
The paper mainly focuses on measures to avoid tax evasion that creates the parallel economy in India. The cause that leads to the tax evasion creates a larger impact on the economy. To reduce tax evasion the government took various measures, the most recent of which includes demonetisation and digital payments. The impact of demonetisation in the economy and the measures to promote digital payments are discussed along with the recommendations made by the respective committees.