You are on page 1of 2

PUBLIC FINANCE,SECOND EDITION

By GHOSH, AMBAR, GHOSH, CHANDANA


About The Book
Price: Rs. 425.00
ISBN: 978-81-203-4998-8
Pages: 368
Binding: Paper Back
DESCRIPTION
The objecti ve of the theory of publ i c fi nance i s to determi ne the opti mal scal es of government
i nterventi ons or expendi tures i n di fferent areas and the opti mum modes of fi nanci ng these
expendi tures. The probl ems that the government handl es are extremel y compl ex, and thi s makes
the theory of publ i c fi nance chal l engi ng and exci ti ng at the same ti me. It i s conti nuousl y searchi ng
for better, more acceptabl e and easi er-to-i mpl ement sol uti ons to the probl ems encountered. Thi s
book, i n i ts second edi ti on, conti nues to bui l d up i n detai l the major theori es of publ i c fi nance
starti ng from the fundamental pri nci pl es, and expl ai ns how government deci si ons are taken on the
basi s of the gui del i nes yi el ded by these theori es. The new edi ti on i s i ncorporated wi th updated
data throughout, i ncl udi ng the newl y revi sed tax sl abs.
Thi s book exposes the students to vari ous facets of publ i c fi nance whi ch devel ops anal yti cal
frameworks to:
Address the i ssues of effi ci ent al l ocati on of resources between pri vate, publ i c and mi xed goods
Ensure equi tabl e di stri buti on of tax burden among i ndi vi dual s
Fi nd ways of mi ni mi zi ng i neffi ci ency of the tax structure
Study the statutory and economi c i nci dence of di fferent types of taxes
Exami ne the i mpl i cati ons of government borrowi ng
Devel op the rati onal e of di stri buti ng economi c or fi scal responsi bi l i ti es and tax powers among
di fferent ti ers of government.
The book makes the comprehensi on of the subject easi er by devel opi ng si mpl e mathemati cal
model s to deri ve the major resul ts i n each of the above areas, and by expl ai ni ng the economi c
i ntui ti on of the resul ts i n detai l . The concepts are i l l ustrated wi th the hel p of si mpl e exampl es
taken from the Indi an economy. Moreover, the book assesses Indi as economi c pol i ci es i n the l i ght
of the theori es di scussed. Another di sti ngui shi ng feature of the book i s that i t contai ns a l arge
number of revi ew questi ons and numeri cal probl ems on every topi c di scussed to hel p the students
appl y the tool s and techni ques l earnt, and thereby, devel op a sound understandi ng of the subject.
Thi s textbook i s desi gned to serve the needs of undergraduate and postgraduate students of
economi cs for the paper Public Finance/Public Economics.
CONTENTS
Preface
1. INTRODUCTION
2. PUBLIC GOODS, MIXED GOODS AND EXTERNALITY
3. PRINCIPLES OF TAX EQUITY
4. EFFICIENCY OF TAXATION
5. TAX INCIDENCE
6. PERSONAL INCOME TAXATION
7. CORPORATION INCOME TAX
8. SALES TAX
9. PUBLIC DEBT
10. FISCAL FEDERALISM
Index

PHI Learning Private Limited 2011.
Email: phi@phindia.com
For more information visit : www.phindia.com