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The Accounts Division provides financial support to the activities of the Association to carry out the programmes in the field of education, culture, sports and allied areas. It provides adequate planning, budget formulation, monitoring and disbursement of funds for the activities and maintains proper accounts and records.
The Association is funded by Grant-in-aid from the Ministry of Human Resource Development and Ministry of Youth Affairs and Sports and internal receipts on account of Annual Subscription, Sale of Publications, Advertisements, Subscription of weekly Journal-University News, Equivalence Fee from students etc. The internal income of the organization has registered continuous growth.
Following are the other support activities undertaken by Accounts Division :
  • Follow up for getting grant from the Ministry of HRD.
  • Preparation of Budget Estimate/Revised Estimate
  • Allocation of Budget
  • Preparation of Annual Accounts
  • Preparation of Performance Budget.
Future Programme for Strengthening Financial Position
The aim is to achieve self sufficiency in financial matters as early as possible.
Notice of Invitation for Expression of Interest for Empanelment of Firm/ Organization as Accounting Service Provider dated 08.07.2016

...................NOTIFICATION FOR ANNUAL SUBSCRIPTION 2016-17 ..........................

Annual Subscription of the Association for the Financial Year 2016-17 falls due on 1.4.2016. A request letter to remit the membership fee was sent to the Member Universities from our end on 10.3.2016. A rebate of Rs. 1000/- is admissible if the subscription is received by AIU before 30th April, 2016.

Rate of Membership Fee:

  Category / Type of Universities Annual Membership Fees Processing Fees
i) Government Universities/ Public Funded Deemed Universities/ Institutions of National Importance 50,000/- Per Annum Inclusive of Service Tax 10,000/- one time
Inclusive of Service Tax
ii) Private-Self-financed universities/ Private-Self financed Deemed Universities 1,50,000/- Per Annum Inclusive of Service Tax 10,000/- one time
Inclusive of Service Tax
iii) Associate Membership to Government/ Public funded Universities of other countries 50,000/- Per Annum Inclusive of Service Tax 10,000/- one time
Inclusive of Service Tax
iv) Associate Membership to Private/ Self-financed Universities of other countries 1,50,000/- Per Annum Inclusive of Service Tax 10,000/- one time
Inclusive of Service Tax

Payment Mode:

i) Demand Draft in favour of Association of Indian Universities, New Delhi and send it to our New Delhi Office.

ii) Pay by Cheque/DD at Canara Bank Branches (Write the following account number at the back of cheque):

Account Holder Name Association of Indian Universities
Bank A/c No 0158101000975(Savings)

iii) ECS/RTGS as per details given below:

Beneficiary Name Association of Indian Universities
Beneficiary Account Number 0158101000975 (Savings)
Beneficiary Bank CANARA BANK, Deen Dayal Upadhyay Marg,
New Delhi-110002
IFSC Code CNRB0000158
Amount(in figs)  
Amount(in words)  
In case subscription is transferred through option iii) above, transfer details may please be sent by a letter/e.mail (aiu_finance@rediffmail.com/ accounts@aiu.ac.in).
AUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015
MINUTES OF FINANCE COMMITTEE MEETING HELD ON 28.09.15 AT 3.00 pm IN AIU HOUSE, NEW DELHI
ANNUAL ACCOUNTS FOR THE YEAR ENDED 31.03.2014 (OF THE ASSOCIATION & AIU PF TRUST)
MINUTES OF THE FINANCE COMMITTEE FOR THE YEAR ENDED 31.03.2014 (HELD ON 23.09.2012)
ANNUAL ACCOUNTS FOR THE YEAR ENDED 31.3.2012 (OF THE ASSOCIATION & AIU PF TRUST)
MINUTES OF THE FINANCE COMMITTEE FOR THE YEAR ENDED 31.3.2012 (HELD ON 24.09.2012)

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Donation to the Association by individual, company, firm or any other person are exempt under section 80G(5)(vi) of Income Tax Act. 1961 from the A.Y. 2010-11 onwards.

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FOR ANY FURTHER DETAILS PLEASE WRITE TO: accounts@aiu.ac.in

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