PIF is accepting contributions towards creating a corpus or as research grants that will allow it to undertake research on critical areas based on comprehensive research.
All contributions made to PIF are exempt from income tax as per Section 80G (5)(vi) of the Income Tax Act of 1961. In accordance with General Circular No. 21/2014, page 11, point 6, issued by the Ministry of Corporate Affairs, research grants given to PIF comes under CSR under the category of “promoting education” as per Schedule VII of the Companies Act 2013.
Those interested may please get in touch with Neera Bali at firstname.lastname@example.org