For Commerce-? Public Finance : Meaning, Nature, Scope, Importance and Difference Between Private Finance and Public Finance ? Principle or Doctrine of Maximum Social Welfare/ Advantage ? Budget Structure and Classification ? Public Expenditure : Meaning, Classification and Canons of Public Expenditure ? Effects of Public Expenditure ? Main Trends of Public Expenditure and Causes of Growth in Public Expenditure in India ? Sources of Public Revenue : Its Meaning and Classifica-tion ? Taxation, Principles or Canons of Taxation : Classification of Taxes ? Ability to Pay Tax and Problem of Justice in Taxation and Principles of Justice in Taxation ? Taxable Capicity-its Meaning and Determination ? Effects of Taxation ? Incidence, Impact and Shifting of Tax ? Public Debt?Defference Between Private and Public Debt, Classification of Public Debt?Sources of Public Debt ? Effects of Public Debt and Methods of Public Debt Redemption ? Position of Public Debt in India-High Growth and Effects of Public Debt in India ? Deficit Financing in India ? Financial Administration ? Public Budget?Meaning, Classification, Defference Between Domestic Budget and Government Budget, Budget Surplus?Budget Deficit?Revenue and Capital Budget?Classification of Economic and Functional Budget ? Zero Base Budget ? Process of Preparing and Passing of Budget in India ? Union Finance?Sources of Revenue and Expenditure of Central Government of India ? Local Finance ? Indian Tax System ? Financial Relations Between Centre and States?Alloca-tion of Resources ? Finance Commission and State Finance Commission