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The book Public Finance continues its stride of presenting the latest information on Indian Budget. Over two generations now 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 syllabus and the syllabi of many Indian universities for honours, postgraduate and professional courses. The discussion in the book grows with 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. Key Features : • Exhaustive revision incorporating the theoretical advancements using latest discussions, debates, data and information. • The GOI Budget for 2018-19. • State Government Budgets for 2016-17. • Constitution and terms of reference of the Fifteenth Finance Commission. • Detailed coverage of GST and its pervasive impact on Indian economy, including federal financial system. About the Author Dr H L Bhatia, former Reader in economics, Shri Ram College of Commerce, University of Delhi, has authored several papers, research studies and other books, and given evidence and memoranda to various Committees and Commissions.