Tax Incentives for Education: An Assessment
Publication dateJan, 2010
DetailsReport submitted to the Ministry of Finance
AuthorsR. Kavita Rao
This study is an attempt to evaluate the tax incentives for education and educational institutions within the ambit of income taxes in India. The study suggests that since a significant component of the benefit for education comes through the classification of education as a charitable purpose, it is important to revisit the concept/definition of charitable purpose and processes for ensuring accountability of the institutions that benefit from this clause.