DOI: 10.36347/sjahss.2018.v06i08.015

Pages: 1580-1587

Recently, the issue of black money has come into the forefront of the society with active participation of the growth and the parliament. In the context of the current status, it includes sources from where black money is generated and its uses in the country at different levels. This paper represents the framework, policy options and strategies the Indian Government should adopt to tackle with the issue and also discusses the impact on economy in this context. The study shows up to the generation of black money which has significant impact on various sections of the society. An analysis of the problem provides the ongoing issue of black money in India and its future course of action. There should be a strong and appropriate legislative framework to control the generation of black money. The present paper also helps to know about the current status of black money in India and its impact on economy.