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City govt passes law to audit school accounts, check high fees

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The Delhi government on Friday passed a legislation to allow audit of private schools’ accounts by a panel to check exorbitant fees, diversion of fees for non-educational purposes and public scrutiny of the fee structure. A jail term of three years and a minimum fine of Rs 50,000 will be the penalty for violation. Apart from school managements, chartered accountants involved in fudging of accounts shall also be penalised. Another Bill for stopping interviews of students seeking admission in school and capitation fee was also presented in the Assembly, along with the government’s...

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