Meaning, nature, and scope of public finance

Meaning, Nature and Scope of Public FinancePublic financeMeaning and Definition of Public Finance: Public finance is a study of income and expenditure or receipt and payment of government. It deals the income raised through revenue and expenditure spend on the activities of the community and the terms ‘finance’ is money resource i.e. coins. But public is collected name for individual within an administrative territory and finance. On the other hand, it refers to income and e…