1. Introduction 2. Concept, Scope and Significance of Public Finance 3. Principle of Maximum Social Advantage 4. Public Revenue : Sources 5. Classification of Public Revenue 6. Canon and Characteristics of a Good Tax System 7. Problems and Principles of Justice in Taxation 8. Taxable Capacity 9. Kinds of Taxation 10. Single and Multiple Taxation 11. Economic Effects of Taxation 12. Incidence and Shifting of Taxes 13. Public Expenditure 14. Classification of Public Expenditure 15. Effects of Public Expenditure 16. Fiscal Policy 17. Theory of Public Debts 18. Public Debt in India 19. Deficit Financing 20. War Finance 21. Principles of Federal Finance 22. Financial Relation between Central and State Governments 23. Indian Finance Commission 24. Revenue and Expenditure of the Central Government 25. Revenue and Expenditure of State Governments 26. Local Finance 27. Public Expenditure in India 28. Financial Administration 29. Budgeting and Budget Policy 30. VAT and MANVAT Tax System 31. Public Enterprises 32. Financing of Five Year Plans.