Public Finance - Fifteenth Revised Edition

By: Joginder Singh and R. K. Lekhi

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Synopsis: "Public Finance" by R. K. Lekhi and Joginder Singh is a comprehensive textbook that explores the principles and practices of public finance. It covers the nature and scope of public finance, the role of government in the economy, and the principles of taxation and public expenditure. The book examines various taxes, public expenditure growth, and investment criteria, alongside theories like Wagner’s Law. It also delves into fiscal policy, discussing its objectives, instruments, and effects on economic stability. Additionally, the text addresses public debt management and fiscal federalism, providing case studies and examples to illustrate practical applications. This book is an essential resource for students and professionals in economics and public administration.