31st July 2024
To
All Publisher Members,
NOTIFICATION NO. 881
Sub: Decisions of Bureau’s Council of Management
PART – 1:
At the recently held Bureau’s Council of Management meeting, following decisions were taken:
A) Subscription Copies:
Subscription copies with effect from audit period July-December 2024 retention
would be 10% of the cover price of a publication for the given subscription period.
Gifts on subscription copies to be valued at cost to the publisher including GST.
Distribution cost, gifts, discount to subscribers and any other expense altogether
should be within 90% of the cover price.
B) Revision of audit guidelines pertaining to Cash and cash equivalent Gifts to
readers / subscribers:
Bureau’s Council of Management have since decided that with effect from audit period
July-December 2024 the following audit guidelines would apply –
All publisher members would be permitted to offer all kinds of gifts interalia including
gold, precious stones, cash, cash equivalent etc. to readers / subscribers as per limits
set earlier i.e.
30% of cover price in case of reader scheme for single / line copies
Rs.10 lacs per edition for lottery schemes
10% retention for subscription copies
C) Gifts to be valued at Cost to Publisher – MRP of the gift may be publicised
Publisher members while offering gift(s) to readers / subscribers are permitted to
advertise the MRP of the gift(s) even though the MRP may be higher than the
prescribed limits.
However, the cost of acquiring the gift/s (purchase price including GST) should be within
the prescribed limits. In cases, where the cost of acquiring (purchase price including
GST) of the gift(s) exceeds the prescribed limit, then excess copies sold would not
qualify for certification. Excess copies sold would be calculated on the basis of previous
weeks qualifying copies where there was no such scheme (gift).
E:abc@auditbureau.org www.auditbureau.org
PART – II: INFORMATION ON MEMBERSHIP
2.1) CESSATION OF MEMBERSHIP
I PUBLISHERS:
1) Metropolitan Media Co. Ltd. in respect a) “Bangalore Mirror” (English Daily),
of
b) “Bangalore Mirror on Saturday”
(English Weekly)
c) “Bangalore Mirror on Sunday”
(English Weekly),Bangalore
2) Malayala Manorama Co. Ltd. in respect “Malayala Manorama” (Malayalam
of Weekly), Kottayam edition
3) Lokmat Media Pvt. Ltd. In respect “Lokmat” (Marathi Daily), Ahmednagar,
of Akola, Jalgaon, Nashik and Solapur
editions
4) HT Media Limited In respect “Hindustan Times” (English Daily),
of Chandigarh edition printed at Mohali
and Jalandhar edition
5) Bartaman Private Limited in respect a) “Bartaman” (Bengali Daily),
of Kolkata, Bardhaman, Panskuria
and Siliguri editions
b) “Saptahik Bartaman” (Bengali
Weekly), Kolkata
c) “Sarir O Sastha” (Bengali Monthly),
Kolkata
d) “Sukhi Grihakon” (Bengali
Monthly), Kolkata
Thanking you,
Secretary General
E:abc@auditbureau.org www.auditbureau.org
