PUBLIC FINANCE-PRACTICAL

Paper Code: 
DE ATG 514B/DE BSG 614B
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course outcome (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

 
 

On completion of this course, the students will be able to:

 

CO196 Develop critical thinking and analytical skills by examining the social advantage, procedure, and preparation of the union budget. students will gain insights into its key provisions, priorities, and allocations. They will critically analyse the budgetary decisions and their impact on different sectors and segments of society.

 

CO197 Develop analytical, critical thinking, and policy evaluation skills, enabling them to contribute meaningfully to discussions on public policy and provide informed suggestions for policy reforms and social development in India.

CO198 Develop critical thinking skills to identify the root causes of poor financial management such as corruption, mismanagement, inefficiency, lack of transparency, and weak governance structures. and their impact on government effectiveness.

CO199 Demonstrate filing income tax returns online. They will learn how to navigate through the official income tax e-filing portal and understand its features and functionalities They will learn how to gather the necessary financial information, calculate taxable income, and claim applicable deductions. They will also understand the procedure for verifying and submitting the income tax return online.

CO200 Analyze the implementation process of GST. They will examine the challenges, benefits, and outcomes of introducing GST in different sectors and regions.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, demonstrations , Team teaching.

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

 

6.00
Unit I: 

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: 

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: 

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: 

Detailed Study of Procedure of Filing income tax online in India.

 

6.00
Unit V: 

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: 
  • 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.

RESOURCES:

·        

National Digital Library

·        

World Ebook Library

·        

https://fincomindia.nic.in/

·        

https://finmin.nic.in/

 

REFERENCE JOURNALSS:

·        

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: