PUBLIC FINANCE

The textbook of Public Finance: Principles and Practices basically intended for students of MA and research scholars specializing in public finance aims to make the students understand the institutional and practical aspects of the subject. It is designed to provide the necessary tools and conceptual framework to understand the fiscal situations around the world. With its lucid language interspersed with several real-life examples and figures the book will be equally useful for students and policy makers and those conducting policy training programmes.. Key Features • Provides basic understanding of the conceptual and theoretical issues in public finance/public economics • Helps students in the use of analytical methods used in public economics and the role of the state in principle and practice around the world • Provides a comprehensive foundation to the principles underlying tax and non-tax design the provision of goods in the public sector and tax enforcement • Enables students to understand the practical problems involved in implementing these principles • Includes an entire chapter on GST under indirect taxation. Table of ContentsModule I: The Basics 1. Introduction 2. Role of Government in Economy3. Theory of Public Goods 4. Theories of Public Interest 5. Theories of Public Choice Module II: Public Expenditure 6. Public Expenditure—Growth and Structure 7. Impact of Public Expenditure 8. Public Expenditure Evaluation Module III: Public Revenue 9. Principles of Taxation 10. Tax Productivity Tax Shifting and Tax Policy Issues Module IV: Taxation of Income and Wealth 11. Taxation of Individual Income 12. Taxation of Corporate Income 13. Taxation of Income and Wealth in India 14. International Taxation Module V: Public Revenue—Indirect Taxes15. Taxation of Commodities and Services— Principles and Structures 16. Taxation of Commodities and Services in India 17. Value Added Taxation18. Value Added (Goods and Services) Taxation in India 19. Transaction Value Tax: An Alternative Tax Regime for India Module VI: Public Revenue—Non-taxes 20. Non-tax RevenuesModule VII: Role of Fiscal Policy and Public Debt 21. Role of Fiscal Policy 22. Public Debt Module VIII: Federal Fiscal Issues23. Federal Finance 24. Fiscal Federalism in India Module IX: Macro-fiscal Management 25. Government Budgeting 26. Monitoring Fiscal Performance in India 27. Fiscal Rules and FRBM in India . Selective Readings Index About the Author