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Tag: Fee Hike

Capt To Hike Fee Structure From ₹3 to ₹ 5K in Punjab

(Chd,Pb)Capt To Hike 90 Yrs Old Fee Structure in Punjab
The Punjab Government has decided to revise the nearly 90-year-old fee structure under the Indian Partnership Act, 1932, to bring the same at par with other states.
The decision was taken on Friday by the Cabinet led by Chief Minister Captain Amarinder Singh.
The Council of Ministers approved ‘The Indian Partnership (Punjab Amendment) Bill, 2021’ for the revision of fee for various services as contained in Schedule-1 under Section 71 of the Act, such as Registration of firms, Updation of records, Inspection and Copying.
Disclosing this, a spokesperson of the Chief Minister’s Office said that the prescribed fee structure for various services as currently contained in Schedule-1 of the act is too meagre and has become irrelevant with the passage of time, as the existing fee structure has not been revised since the Act came into force in 1932.
Under the revised structure, Rs.5000 would now be charged for making a statement under section 58 for application registration as against Rs. 3/- charged earlier. Instead of the existing Rs 1/-, the revised structure provides for charging Rs. 500 each for making a statement under section 60 for recording of alternations in firm name and principal place of business, for intimation under section 61 for noting of closing and opening of branches, for intimation under section 62 for changes in names and addresses of partners, notice under section 63 (1) & 63 (2) for recording of changes in and dissolution of a firm, recording of withdrawal of a minor besides application under section 64 for rectification of mistakes respectively,
Further, Rs. 100 each in place of earlier fee of fifty paisa would be now charged for inspection of one volume of the register of firms under sub-section (1) of section 66, for inspection of all documents related to one firm under sub-section (2) of section 66 regarding inspection of register and filed documents and Rs. 20 against previous fee of twenty five paise for each hundred words or part thereof regarding copies from the register of firms under section 67 for the purpose of grant of copies.
Notably, barring Punjab and Haryana, other major states like Maharashtra, Rajasthan, Madhya Pradesh and Uttar Pradesh have been charging higher fee for various services offered under the Indian Partnership Act, 1932.

Modi Govt Stops Acceleration Of Fee Hike MTech Fee

(New Delhi) Modi Govt Stops Acceleration Of Fee Hike MTech Fee in 23 IITs
The HRD ministry has deferred the decision to hike the MTech fee in the IITs for further discussion on the issue.
The development comes against the backdrop of protests by Jawaharlal Nehru University (JNU) students against a recent fee hike.
IIT-Delhi Director V Ramgopal Rao had said the MTech programmes at the IITs recorded a dropout rate of over 50 per cent as the students treated the courses as a “stop-gap arrangement” till they landed a job or cracked a competitive exam.
The IIT Council, led by HRD Minister Ramesh Pokhriyal “Nishank”, had approved a proposal to hike the fee for the masters programme and bring it to the level of the BTech courses in September.

CBSE Fee Hike for Exams Is Unfortunate,Withdraw Immediately:Mayawati

[Lucknow,UP]CBSE Fee Hike for Exams Is Unfortunate,Withdraw Immediately:Mayawati
BSP President Mayawati on Tuesday termed the fee hike by the CBSE for Class 10 and 12 examinations as unfortunate and demanded its immediate withdrawal
The BSP president said SC/ST students will now have to pay a higher fees.
“Similarly, the fee for general category students has also been doubled. This is a very unfortunate, racist and anti-poor decision. CBSE should take it back immediately. This is the demand of BSP,” she said on Twitter.
Mayawati’s reaction comes after the board notified the changes in the fees last week and asked schools which had already begun the registration process and charged students as per the old fee structure, to collect the difference in the amount.
The Central Board of Secondary Education (CBSE) has increased the fees of Class 10 and Class 12 board examinations by up to Rs 1,150, the first hike in the last five years, according to board officials.
The fees for general category students for both Class 10 and 12 have been doubled from Rs 750 to Rs 1,500 for five subjects.