Briefly discuss Kautilya’s views on Financial Administration.
Kautilya assigned high value to the financial health ofthe State. He was ofthe finn view that the power of the State rested in the strength ofthe treasury. That is why he pays special attention to the management and administration of treasury along with the issues ofcollection oftaxes and enhancement ofresources ofthe State. The other area relating to finance that attracted the attention of Kautilya were Budget, Agricultural Taxation,
Audit and Accounts.
Treasury was considered to be the most vital __________ __________ ____ ___ ______ ___ ____ __________.
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