Benefactors are eligible for tax relief under Section 44 (6) of the Income Tax Act 1967. No. Government Gazette dated 30th January 1997. Subject to tax relief limits the Lembaga Hasil Dalam Negara (LHDN).
Recognition to Benefactors
All UTHM Endowment Fund Benefactors will receive recognition in various forms. Starting with a appreciation certificate, a special area where all the benefactors name will be exhibited, may be invited to the events they are funding, help publicize products, name buildings and roads in the honor of the benefactor, to the highest recognition like receiving The Honorary degree for their significant contributions to the community and UTHM.
Renowned universities place endowment as a crucial element. A University with high endowment has a bright opportunity of acquiring talents, experts and best students. The fund can be used as a scholarship, research grants and equipment for the university’s excellence.