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The textbook of Public Finance: Principles and Practices, basically intended for students of MA and research scholars, specializing in public finance, aims to make the students understand the institutional and practical aspects of the subject. It is designed to provide the necessary tools and conceptual framework to understand the fiscal situations around the world.

The book is divided into 9 modules comprising 27 chapters, and includes most of the theoretical as well as practical aspects. The modules are The Basics, Public Expenditure, Public Revenue, Taxation of Income and Wealth, Public Revenue-Indirect Taxes, Public Revenue-Non-taxes, Role of Fiscal Policy and Public Debt, Federal Fiscal Issues, and Macro-fiscal Management. The book covers several contemporary public financial issues relating to taxation, public debt, FRBM, GST and international taxation.

With its lucid language, interspersed with several real-life examples and figures, the book will be equally useful for students and policy makers and those conducting policy training programmes.