Dear Visionaries from the IIT Delhi Class of 1973 (B.Tech),
Greetings On behalf of the Office of Alumni Relations, IIT Delhi and the IIT Delhi Endowment Fund!
A Special fund corpus has been created by the 1973 (B.Tech) for instituting scholarships and other student support activities on campus. While we finalize the domain & details for administration of the chair, we are initiating the process of fundraise on occasion of the Golden Jubilee celebrations of the batch.
The Batch Fund Corpus Goal is INR 2,00,00,000, which will be invested and only interest accrued will be utilized towards the chosen cause. The balance would be utilized for other initiatives to support academic excellence & future of the institute.
This is a momentous occasion for the entire 1973 batch as we preserve the legacy of the batch through a prestigious chair at our alma mater, IIT Delhi.
Every member who contributes to the batch fund would, in turn, be eligible for the following tax benefits.
Donations made in Indian currency: Donations made to IIT Delhi are eligible for 100% tax deductible without any limit under section 80G(2) (a) (iiif) of the Indian Income Tax Act (under old Tax Regime).
If you are a US resident, your donations may be tax deductible, subject to applicable law.
We encourage each member of the Class Of 1973 (B.Tech) to donate generously and avail the corresponding tax benefits as a result of the same.
With Regards,
IIT Delhi Alumni Relations & IIT Delhi Endowment Fund