Abstract
First, this paper attempts to analyze the effectiveness of demonetization in eradicating the amount of black money or the size of the black economy in the Indian context, with the use of four main indicators. Respective data, from before and after the event, is compared to understand its true impact. Then, this paper proposes its own solutions to eradicate black money in the economy; by way of incorporating ‘nudging’ to increase tax compliance, and increasing transparency in the government through the mechanism of e- governance.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Social Science and Economic Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
