Subscriptions: Rs 66, 553, sale of publications: Rs 980, membership fees: Rs 600, bank interest (including fixed deposit interest): Rs 191,344.15, and donations: Rs 35,000.

In the year 2008-09 we incurred expenses for services of regular staff, payment of honoraria and printing of journal. The Forum for Medical Ethics Society spent Rs 1,97,207 on printing and posting the journal and Rs 167,462 on honoraria. Approximately Rs 45,000 went into establishment and other expenses including website expenses. Rs 305,462 was spent on the Third K R Memorial Seminar on Clinical Trials and Healthcare Regulation in India. The seminar was co-organised by the Centre for Studies in Ethics and Rights and the Indian Journal of Medical Ethics.

There are 790 current subscribers. This includes 219 medical colleges receiving gift subscriptions and 155 life subscribers.

Donations to the Forum for Medical Ethics Society are eligible for 50 per cent tax exemption under sections 80G of the Income Tax Act.

BALANCE SHEET

Properties and assets

Rs

Fixed assets

1,703.00

In saving bank account

596,855.69

Fixed deposit

2,251,175.00

Accrued interest

18,786.91

Advance tax deducted at source

58,717.00

2,927,237.60

Fund and liabilities

Rs

Trust funds or corpus

11,157.00

Contingencies reserve fund

45,000.00

Life subscription fees (refundable)

430,570.00

Balance as per last balance sheet

2,864,346.35

Excess of expenditure over income

(-) 423,835.75

2,927,237.60

Income during the year

Sr No.

Particulars

Rs

(a)

Bank interest

1

On fixed deposit

132,056.15

2

On saving bank account

59,288.00

191,344.15

(b)

Income from other sources

1

Membership fees

600.00

2

Sale of publication

980.00

3

Subscription

66,553.00

68,133.00

(c)

Donation

35,000.00

Expenses incurred on objects of the trust (educational)

Sr. No.

Particulars

Rs

(a)

Journal expenses

1

Printing and posting journal

197,207.00

2

Third KR Memorial Seminar

305,462.00

3

Honorarium

167,432.00

670,131.00

(b)

Establishment expenses

1

Miscellaneous expenses

275.00

2

Computer expenses

1,500.00

3

Conveyance expenses

3,096.00

4

Staff welfare

420.00

5

Photocopying charges

916.90

6

Website expenses

34,499.00

7

Telephone charges

65.00

8

Repairs and maintenance

3,652.00

44,423.90

(c)

Other

1

Depreciation

387.00

2

Audit fees

3,371.00

3,758.00

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