As part of the CSR mandate under Section 135 of the Companies Act 2013, Corporates can associate with FITT to implement projects in relevant technology area and /or fund the technology incubation program at IIT Delhi.
during the immediately preceding financial year is subject to the provisions related to Corporate Social Responsibility (“CSR”) under the Section 135 of the Companies Act, 2013 (the “Act“) and is expected to spend 2% of the average net profits towards CSR Projects.
The CSR related provisions of the Act are applicable to not just companies incorporated in India, but also to a foreign company that has its branch or project office in India.
Under Section 135, Schedule VII [clause (ix)] of the Companies Act, 2013, the following are eligible as CSR projects
*In September 2015, the General Assembly had adopted the 2030 Agenda for Sustainable Development that includes 17 Sustainable Development Goals (SDGs). The 17 sustainable development goals (SDGs) to transform our world are:
To get started with your CSR activity please contact or write to us:
Foundation for Innovation and Technology Transfer (FITT)
Indian Institute of Technology, Delhi [IITD]
Hauz Khas, New Delhi – 110 016
Phones: +91 11 2685 7762, 2659 7167, 2659 7164, 2659 7289, 2659 7153, 2658 1013
Fax: +91 11 2685 1169