Dibrugarh University - B.Com 5th Semester Syllabus - Public Finance (Both Old Course and New Course)

 Course No.: 501 PUBLIC FINANCE (PUFC XVII) (New Course)
(For B.Com General and six Speciality Courses)
Marks: 80 Hours: 40
Objective: To acquaint the students about financial administration of the govt. and some special issues of public finance.

Course Contents:
Unit-I: Introduction: Nature and Scope of Public Finance, Private and Public Finance, Keynes Theory of Public Finance, The Principles of Maximum Social Advantage.                  20: 10 hrs

Unit-II: Financial Administration- meaning, principles, agencies involved- Executives, Legislative, Finance Ministry, Budgetary Control system, Techniques of Budgeting - performance budget, Zero-Base budgeting. 20: 10 hrs

Unit-III: Public Revenues: Meaning and classification of public revenue, sources-Tax and Non- Tax revenue, Cannons of Taxation, Impact and incidence of taxes, taxable capacity. 20: 10 hrs

Unit-IV: Public Expenditure: Meaning and scope, reasons of growth of public expenditure, objectives of public expenditure; Effects of Public expenditure on production, distribution, economic stability and economic development. 20: 10 hrs

Text and Reference Books:
1. Study Material of Dynamic Tutorials and Services
2. Tyagi, B.P: Public Finance; Jai Prakash Nath and Co., Meerut.
3. Sundaram and Sundaram: Public Finance, Sultan Chand & Sons, New Delhi.
4. Delton: Public Finance; Tata McGraw Hill Education Pvt. Ltd., New Delhi.

Course No.: 501 PUBLIC FINANCE (PUFC XVII) (Old Course)
(For B.Com General and six Speciality Courses)
Marks: 80 Hours: 40
Objective: To acquaint the students about financial administration of the govt. and some special issues of public finance.

Course Contents:
Unit-I: Introduction: Nature and Scope of Public Finance, Private and Public Finance, Keynes Theory of Public Finance, The Principles of Maximum Social Advantage.                  Marks: 16, 9hrs

Unit-II: Financial Administration- meaning, principles, agencies involved- Executives, Legislative, Finance Ministry, Budgetary Control system, Techniques of Budgeting - performance budget, Zero-Base budgeting. Marks: 16, 9hrs

Unit-III: Public Revenues: Meaning and classification of public revenue, sources-Tax and Non- Tax revenue, Cannons of Taxation, Impact and incidence of taxes, taxable capacity.                    Marks: 16, 9hrs

Unit-IV: Public Expenditure: Meaning and scope, reasons of growth of public expenditure, objectives of public expenditure; Effects of Public expenditure on production, distribution, economic stability and economic development. Marks: 16, 9hrs

Unit – V: Specific issues of Public Finance in India:
- Growth of Internal and External Public Debt in India.
- Union State Financial Relations.
- Finance Commission (14th Finance Commission)
- Deficit Financing
- Local Finance – Municipalities, Municipal Corporations, Gram Panchayat.  Marks: 16, 9hrs

Text and Reference Books:
1. Study Material of Dynamic Tutorials and Services
2. Tyagi, B.P: Public Finance; Jai Prakash Nath and Co., Meerut.
3. Sundaram and Sundaram: Public Finance, Sultan Chand & Sons, New Delhi.


4. Delton: Public Finance; Tata McGraw Hill Education Pvt. Ltd., New Delhi.

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