State · Maharashtra
Section 14 of The Maharashtra Private Universities (Establishment and Regulation) Act, 2023
The university shall also establish a fund, which shall be called the general fund to which following shall be credited, namely:-
- (a)fees and other charges received by the university;
- (b)any contribution made by the sponsoring body;
- (c)any income received from consultancy and other works undertaken by the university;
- (d)bequests, donations, endowments and any other grants; and
- (e)all other sums received by the university.