UNIT - I Introduction

1. Meaning and Scope of Public Finance, 2. The Principle of Maximum Social Advantage, 3. Public Goods vs. Private Goods, 4. Public Budget and Techniques of Budgeting, 5. Deficit Financing, 

UNIT - II Public Expenditure

6. Public Expenditure : Meaning, Nature, Wagner’s and Wiseman-Pecock’s Law, 7. Classification and Canons of Public Expenditure, 8. Economic Effects of Public Expenditure, 

UNIT - III Public Revenue

9. Public Revenue : It’s Classification and Sources, 10. Canons of Taxation and Characteristics of a Good Tax System, 11. Benefit and Ability to pay Principles of Taxation, 12. Kind or Classification of Taxes, 13. The Division of Tax Burden : Incidence of Tax, 14. Effects of Taxation on Economy, 15. Taxable Capacity, 

UNIT - IV Public Debts

16. Public Debts : Role and Classification, 17. Redemption of Public Debt and Management, 

UNIT - V The Federal Finance

18. Financial Federalism and Financial Adjustment in India, 19. Evolution of the Federal Finance in India, 20. The Finance Commission, 21. Review of Indian Tax System, 22. Budgeting Procedure and Financial Control in India, 23. Value-Added Tax and Modified Value-Value Added Tax.