Public Finance
- Ed 30.
- New Delhi Vikas Publishing House Private Limited 2021
- xiii,608 p. PB 23.5x16 cm.
Public Finance continues in its stride in presenting the latest information on Indian budget. Over two generations, it has virtually become an encyclopedia on all financial matters of the Government of India, serving as a textbook for students, teachers and the general public and a reference volume for researchers and others. It is equally useful for competitive examinations conducted by various professional and employment-providing bodies. It covers the UGC CBCS syllabus and the syllabi of many Indian universities for honours, postgraduate and professional courses. New in this Edition Theoretical advancements including latest discussions, debates, data and information. The GOI Budget for 2020-21. State government budgets for 2019-20. Constitution and terms of reference of the Fifteenth Finance Commission and its Interim Report for 2020-21. Detailed coverage of GST and its pervasive impact on the Indian economy including the federal financial system. The book follows a logical and systematic approach. Thus, it is divided into two parts. Part I provides an analytical and comprehensive discussion of both the basics and frontiers of the theory of public finance. Part II covers the set-up, issues and working of Indian fiscal field mounted upon the theoretical underpinnings and international practices and experience. The illustrations are drawn mainly from the Indian scene, with a cross - reference to international experience. The book uses all the modern-day tools of pedagogy like Learning Objectives, Key Terms, Summary, Review Questions and Exercises. Table of Contents Part-I Theory of Public Finance 1. Economic Activities and the State 2. Meaning and Scope of Public Finance 3. Principle of Maximum Advantage 4. Public Revenue—General Considerations 5. Division of Tax Burden—I 6. Division of Tax Burden—II 7. Incidence of Taxes 8. Classification and Choice of Taxes 9. Effect of Taxation 10. Public Debt 11. Public Expenditure—General Considerations 12. Effects of Public Expenditure 13. Public Budget 14. Balanced Budget and Fiscal Policy 15. Federal Finance 16. Public Undertakings
Part-II Indian Public Finance 17. Indian Federal Finance—I 18. Indian Federal Finance—II 19. Public Debt in India 20. Government of India Finances 21. The Indian Tax System 22. Railway Finances 23. Public Sector Undertakings in India 24. State Finances 25. Agricultural Taxation in India 26. Local Finance 27. Comments on Recent Central Government Budgets (2014-15 to 2018-19) Appendices 561-577 Select Readings 579-586