Public Finance

Paper Code: 
24CFSG612
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to engage in practical applications and in-depth analyses of public finance concepts, policies, and real-world scenarios, fostering a comprehensive understanding of fiscal management and its implications.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24CFSG 612

 

Public Finance

(Practical)

 

CO199: Analyze the social implications of the union budget, Evaluate budgetary decisions' impact on sectors and society.

CO200: Critically evaluate public policies, Propose informed reforms for social development.

CO201: Identify root causes of poor financial management, Assess their impact on government effectiveness.

CO202: Master online tax filing, Navigate e-filing portal, Calculate taxable income, and Claim deductions.

CO203: Assess GST implementation challenges, Evaluate benefits and outcomes in sectors and regions.

CO204: Contribute effectively in course-specific interaction

 

Approach in teaching: Interactive Lectures, Discussion, Practical cases,Power point presentation.    

 Learning activities for the students:                              Self learning assignments,  Seminar presentation.

Class participation, assignments and presentations,

 C A Test, Semester End Exams.

 

 

6.00
Unit I: 
Union Budget

• Case Study/ Team Project/ Application Based Question/ Role Playing/ Group Discussion related to social advantage, procedure, and preparation of union budget. Detailed study of the latest union budget of the country.

6.00
Unit II: 
Public Expenditure

• Case Study/ Team Project/ Group Discussion related to - Major trends in public expenditure in India. Study and comparison of Major Social welfare Schemes in India.

6.00
Unit III: 
Public Debt and Crisis

• Case Study/ Team Project/Group Discussion related to Public debt and India’s debt crisis, Sri Lanka, Zimbabwe, and Venezuela crises - Case study of Poor public finance management.

6.00
Unit IV: 
Filling income tax

• Detailed Study of Procedure of Filing Income Tax Online in India

6.00
Unit V: 
GST and Tax Reforms

• Case Study/ Team Project/ Group Discussion on GST and Tax Reforms

Essential Readings: 

• H.L.Bhatia – Public Finance, Vikas Publishing House Pvt Ltd.,Delhi
• B.P.Tyagi – Public Finance, Jai Prakash Nath & Co., Meerut.
• Musgrave R.A. and Musgrave P.A. – Public Finance in Theory and Practice., Tata Mc graw Hill
• Sarma L.S and MankarV.G: Public Finance Theory and Practice, Himalaya Publication

References: 

Suggested Readings :

• Jain, Khanna and Tiwari, “Banking and Public Finance”, V.K.India Enterprises, New Delhi
• M.L.Seth, Money, Banking, International Finance and Public Finance, Educational Publication, Agra.
• Mithani D.M, Money, Banking, International Trade and Public Finance. Himalaya Publishing House.

E-Content:

• Ministry oof Finance official website
• National Digital Library
• World Ebook Library
• https://fincomindia.nic.in/
• https://finmin.nic.in/

Reference Journals:

• Public Finance Review: https://journals.sagepub.com/home/pfr
• South Asian Journal of Macroeconomics and Public Finance: https://journals.sagepub.com/home/smp
• International Journal of Public Finance: https://dergipark.org.tr/en/pub/ijpf

Academic Year: 
2024-2025
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