1. Public Finance : Meaning, Nature, Scope and Importance 2. The Principles of Maximum Social Advantage 3. Public Expenditure : Meaning, Nature and Causes for an Increasing 4. Classification and Importance of Public Expenditure 5. Effects of Public Expenditure 6. Public Revenue : Meaning, Classification and Sources 7. Source of Revenue of Central Government 8. Sources of Revenue of State Government 9. Canons of Taxation and Characteristics of a Good Tax System 10. Benefit and Ability to Pay Principles of Taxation 11. Effects of Taxation 12. Classification of Taxes : Direct and Indirect Taxes 13. Goods and Service Tax (G.S.T.) 14. Public Debts 15. Redemption of Public Debt 16. Deficit Financing.