Annexure "J"  
JUSTIFICATION FOR PROPOSED FEES FOR THE YEAR 2008-09 Back
PARTICULARS   AMOUNT
1) SALARY                                                                                                     (As per audited accounts 07-08)   18322460.00
2) DEPRICIATION                                                                               up to end of March-2008 (as per income tax rates)   8311088.00
3) RENT                                                                                                   (as per PWD report)   0.00
4) Expenses other than Salary, Depreciation & Rent                    (as per Audited Accounts of 2007-2008)   14852842.00
Total of Expenses (1+2+3+4)   41486390.00
     
Add: Inflation factor @ 7.5%   3111479.00
     
Total of projected expenses 2008-09   44597869.00
     
Add: Resonable Surplus @ 15%                                                            for future development (attach proposal for projected capital expenses for future development) Statement enclosed 6689681.00
Total   51287550.00
     
Divided by No. of  Students 2007-08   1015.00
     
Proposed fees per student for the year 2008-09   43939.00