TOEFL

Hi Aryan,
You will find details on the TOEFL Scholarships for India website including the amount. Here is the link
https://www.ets.org/toefl/scholarships/india/

IELTS or TOEFL both are considered equally by most of the colleges. What you need to see is in which pattern you can score better so take a look at their details or take a mock test and see what suits you best.

IELTS is easier than TOEFL and IELTS band is accepted by all the universities.

Here is an article discussing when you should start preparing for GRE and GMAT:
https://studyabroad.shiksha.com/exams/gmat/when-to-start-preparing

Hi Aryan, TOEFL is the test for English language. Depending on where you want to study there might be more important exams like SAT or ACT which you must take. If US then you must take SAT or ACT, TOEFL is secondary requirement. In countries like Australia, New Zealand, UK admissions are given on basis of academic grades and IELTS or TOEFL.

The syllabus of TOEFL has four sections:
Listening, Reading, Speaking and Writing.
1. Reading measures the ability to understand academic reading matter.
2. Listening measures the ability to understand English as it is used in colleges and universities.
3. Speaking measures the ability to speak English.
4. Writing measures the ability to write in a way that is appropriate for college and university course work.
You can buy books or take some coaching for it too.

Hello Aman,
IELTS is the high stakes English test for study, migration or work.
For more you can go on:
www.ielts.org
The TOEFL test is the most widely respected English language test in the world, recognized by more than 9,000 colleges, universities and agencies in more than 130 countries, including Australia, Canada, the U.K. and the United States. Wherever, you want to study, the TOEFL test can help you get there.
For TOEFL, you can visit:
https://www.ets.org/toefl

Test of English as a Foreign Language

You can get all the information through bulletin of TOEFL. You need to apply online through its official website. The fees for the exam is around 12-13k INR. The examination centre list is given on the official website that includes all the major cities of India. The exam is conducted throughout the year. The best time for giving the exam is around October and it generally requires 3-4 months to prepare for the exam.

Hello Aryan,
Colleges generally do not give admissions solely on TOEFL scores, TOEFL is required to demonstrate your English language proficiency. Your academic grades and profile, SAT score for undergraduate course, GRE or GMAT score for Masters and MBA carry more weightage. However, it also depends in which country you are applying for. On the whole you must be academically strong.