Federal Finance In India

“Federal Finance in India” by K. T. Shah is a critical examination of the financial relationships between the central and provincial governments in pre-independence India. Shah explores the principles of federalism, revenue distribution, taxation, and fiscal autonomy within a colonial context. The book emphasizes the need for financial equity, accountability, and decentralized governance in a diverse nation. Through rigorous analysis, it lays the groundwork for India’s future fiscal federal structure and remains a significant contribution to Indian economic and constitutional thought.