Smriti created by sage Parashar and known by his name as 'Parashar Smriti is the most benevolent for the modern Kali Yuga. Parashar has himself said:
INDICATIONS OF KALI YUGA
KRITE TU MANAVO DHARMASTRETAYAAM GAUTAMO SMRITAH ||
DWAPARE SHANKHALIKHITAA KALAU PARASHARAH SMRITAH ||
Meaning- Manu Smriti was most relevant in Satya Yuga. In Treta, Smriti created by Gautam had most relevance whereas in Dwapar, Shankh's Smriti was mostly recognized. But in Kali Yuga, it is Parashar Smriti that by and large shows the way to the ignorant people.
Parashar Smriti endorses all those ideologies of human life which are capable of improving the life of common people in the present fourth age. Paradoxes are the main feature of human life in Kali Yuga irrespective of region, culture and society.
Sage Parashar was the father of Vedvyasa. In the first chapter of this great treatise, Maharshi Vedvyasa requests his father to create such an ideologically and morally sufficient discipline that will help the people in Kali Yuga to overcome their woes.
SARVADHARMOHA KRITE JATAH SARVE NASHTAH KALAU YUGE ||
CHAATURVARNYAM SAMAACHAARAM KINCHIT SAADHAARANAM VAD ||
Meaning- All these religions were created in Satya Yuga and would be destroyed in Kali Yuga. Hence, kindly outline some ordinary religious norms so that all the four classes could run their lives in a religious way.
Sage Parashar too was fully aware of the attenuation that religion would suffer in future on the basis of his deep knowledge, that great sage contemplated on the problems which he thought would imminently afflict the religion in Kali Yuga. Change is the only thing that remains constant in nature. Religion is also no exception to this rule.
In twelve chapters, Parashar Smriti preaches its whole moral discourses. Conduct and expiation are the main subjects of contemplation here.