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VOL. 11, ISSUE 8 (2025)
Analysis of Current Government Policies Aimed at Reducing Tax Evasion
Authors
Aman Kumar Mishra, Dr. Kamlesh Kumar
Abstract
Tax evasion is a serious problem that affects
the economy of any country. In India, tax evasion has been a major concern for
the government due to its impact on revenue collection and overall economic
growth. To address this issue, various policies have been implemented by the
Indian government in recent years. The aim of these policies is to curb tax
evasion and promote compliance among taxpayers. The purpose of this paper is to
analyze the effectiveness of current government policies aimed at reducing tax
evasion in India. Through thorough research and data analysis, we will examine
key policy measures such as demonetization, implementation of Goods and
Services Tax (GST), introduction of Benami Transactions Act, 2016 among others.
One significant factor contributing towards tax evasion in India is the high
levels of corruption prevalent in society. As a result, fraudulent activities
like money laundering are rampant hindering proper tracking and reporting of
income. Therefore, one prominent measure taken by the government was
demonetization which aimed at eliminating counterfeit currency from
circulation.
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Pages:206-209
How to cite this article:
Aman Kumar Mishra, Dr. Kamlesh Kumar "Analysis of Current Government Policies Aimed at Reducing Tax Evasion". International Journal of Commerce and Management Research, Vol 11, Issue 8, 2025, Pages 206-209
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