The Natyasastra is probably one of the earliest and certainly one of the best treatises on Indian Dramaturgy. At the same time, the book available now is not an early one but may be as late as the seventh or eighth century AD. The authorship is traditionally ascribed to Bharata, the Sage. The eminence of Natyasastra is not that it was the first book on the subject but that it was the first comprehensive treatise on Dance, Drama and Music. Like the Mahabharata, Natyasastra too boasts that "What is found here may be found elsewhere. But what is not here cannot be found anywhere". To confer upon it prestige as the sole authority, it was described as the fifth Veda--a Veda accessible to all the castes of society. The essential elements of stage-craft have been described by the Natyasastra thousands of years ago. The question arises, naturally, whether such a treatise can serve any purpose of our time. This was the very question which the author set about to explore in the present translation and his notes on each chapter amply demonstrate how latest problems of actors and directors have been anticipated and resolved in it.