Public Finance by Dr H L Bhatia 2025

Public Finance continues in its stride in presenting the latest information on Indian budget. Since over two generations, it has virtually become an encyclopedia on all financial matters of the Government of India, serving as a textbook for students, teachers and the general public, and a reference volume for researchers and others. It is equally useful for competitive examinations conducted by various professional and employment-providing bodies. It covers the UGC CBCS syllabus and the syllabi of many Indian universities for undergraduate, postgraduate and professional courses. The book follows a logical and systematic approach. Thus, it is divided into two parts. Part I provides an analytical and comprehensive discussion of both the basics and frontiers of the theory of public finance. Part II covers the set-up, issues and working of Indian ƒOscal ƒOeld 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. • Theoretical advancements including latest discussions, debates, data and information and the GOI Budget for 2022-23. • State Government Budgets for 2021-22. • Constitution, terms of reference and reports of the Fifteenth Finance Commission. • Detailed coverage of GST and its pervasive impact on the Indian economy including Its federal financial system. • Illustrated coverage of important concepts and topics in the Appendices.