Public Finance continues to give the most recent information about the Indian budget. It has essentially become an encyclopaedia on all financial problems pertaining to the Government of India during the last two generations, acting as a textbook for students, teachers, and the general public, as well as a reference source for researchers and others. It is also useful for competitive tests held by many professional and employment-providing organisations. It covers the UGC CBCS syllabus as well as the undergraduate, postgraduate, and professional course syllabi of several Indian universities. The book is organised logically and methodically. As a result, it is divided into two pieces. Part I includes an analytical and comprehensive study of both the fundamentals and frontiers of public finance theory. Part II covers the set-up, issues and working of Indian ?Oscal ?Oeld mounted upon the theoretical under pinning and international practices and experience. The illustrations are drawn mainly from the Indian scene, with across-reference to international experience. The book uses all the modern-day tools of pedagogy like Learning Objectives, Key Terms, Summary, Review Questions and Exercises.