The book is a philosophical treatise on the Hindu, Bauddha and Jaina morals meant for the University students of Indian Ethics as well as for the general readers interested in the subject. Books on the subject are generally written in a historical perspective. On the contrary, the present work is philosophical and critical which takes full cognisance of the recent developments in Western ethical thought and its likely impact on the understanding of the traditional Indian ethics. Attempt has been made to understand the subject in the light of certain well-knit conceptual frames developed in the West in the field of ethics. In course of doing this, certain reconstructions have also been made, but it has always been kept in mind that the reconstructions do not become jejune to the natural spirit of Indian thought.