Synopsis In the present day setup of complex government activities, public finance is no longer about managing the sequence of steps required to collect the revenue in time, systematically incorporating the voice of the public, creating a disciplined way of prioritizing effort and resolving trade-offs, working concurrently on every aspects of the public finance in multi-functional teams, and much more. The present study on Public Finance is an humble effort in which fresh look at the new techniques used by developed countries to improve their public revenue has been given. The book is according to courses of Indian Universities and students of M.A. Economics, M.Com and M.B.A. classes. Readers will find the mixture of academic debate and practical aspect and they will welcome the arrangement of chapters and the discussion of the various questions to make the subject more comprehensive.