Similar to federal law, state law provides that contributions made to a qualified tuition program are not deductible.
Higher education system in India includes both public and private universities. Public universities are supported by the union government and the state governments, while private universities are mostly supported by various bodies and societies.
The University Grants Commission (UGC) was formulated in November 1956 as a statutory body of the Indian Government via an Act of Parliament. whereas an Institution Deemed to be University is declared by a Notification of the Central Government, on the advice of UGC, under Section 3 of the UGC Act, 1956.
Higher Education Financing Agency (HEFA) is a joint venture of MoE Government of India and Canara Bank for financing creation of capital assets in premier educational institutions in India as part of rising 2022 HEFA's scope is greatly expanded to cover school education, educational institutes under Ministry of health ...
Colleges award degrees in the name of the university to which they are affiliated. In addition, 15 professional councils (like MCI and AICTE) regulate the courses run by the colleges and universities. The University Grants Commission (UGC) acts as the over-arching regulatory body.
Explanation of Different Committees and Commissions of Higher Education in India Radhakrishnan Commission (1948–1949) ... Kothari Commission (1964-1966) ... Acharya Narendra Deva Committee. Mudaliar Commission. The National Policy on Education (1986) ... Knowledge Commission. National Educational Policy 2020.