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SHC bars private schools from raising fees by more than 5pc

Mahmood Idrees 09:18 AM | 3 Sep, 2018
SHC bars private schools from raising fees by more than 5pc
KARACHI - The Sindh High Court (SHC) declared on Monday private schools' action to increase tuition fees by more than five percent illegal.

A larger bench of the high court, headed by Justice Aqeel Ahmed Abbasi and comprising Justice Mohammad Ali Mazhar and Justice Ashraf Jahan, announced the verdict on the petitions filed by over 600 parents challenging the illegal rise in fees in violation of the Sindh Private Educational Institutions (Regulation and Control) Ordinance 2001.

The high court, in its verdict, remarked that private schools have no authority to raise the tuition fee by more than 5%.

The SHC had reserved its judgment on petitions against increases in tuition fees in June this year after hearing the arguments of both sides.

The petitioners said that their children were studying at the private schools located in different areas of Karachi, adding that the schools had raised the fees by 12 to 60 percent imposing a burden on the parents.

They contended that private schools could not be allowed to run schools for earning profits of their own choice as education is the among the basic necessities of the people. They argued that the government had authority to bar the schools from illegal actions.

The additional advocate general of Sindh submitted that private schools are not allowed to increase fees by more than five percent.

The private schools’ counsel, however, urged the court to adjourn the case as they had challenged the relevant rules in the Supreme Court. He also asked the court to strike down the rules which restrain the private schools from raising fees up to five percent.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 27, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 07:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 253.5 255.5
Euro EUR 274 276.7
UK Pound Sterling GBP 311 314
U.A.E Dirham AED 68.7 69.3
Saudi Riyal SAR 66.4 67
Australian Dollar AUD 176 178
Bahrain Dinar BHD 615.68 620.18
Canadian Dollar CAD 186 188
China Yuan CNY 34.12 34.37
Danish Krone DKK 33.83 34.18
Hong Kong Dollar HKD 29.52 29.87
Indian Rupee INR 2.81 2.89
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 756.69 761.69
Malaysian Ringgit MYR 52.59 53.04
New Zealand Dollar NZD 148.33 149.53
Norwegians Krone NOK 22.43 22.73
Omani Riyal OMR 600.37 604.87
Qatari Riyal ‎QAR 63.5 64
Singapore Dollar SGD 178 179.3
Swedish Korona SEK 21.78 22.08
Swiss Franc CHF 250.23 251.98
Thai Bhat THB 6.98 7.08

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs197,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs168,000.

Likewise, 10 grams of 22k gold were being traded for Rs150,300 while a single tola of 22-karat gold was being sold at Rs 173,200.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 197,900 PKR 2,100
Karachi PKR 197,900 PKR 2,100
Islamabad PKR 197,900 PKR 2,100
Peshawar PKR 197,900 PKR 2,100
Quetta PKR 197,900 PKR 2,100
Sialkot PKR 197,900 PKR 2,100
Attock PKR 197,900 PKR 2,100
Gujranwala PKR 197,900 PKR 2,100
Jehlum PKR 197,900 PKR 2,100
Multan PKR 197,900 PKR 2,100
Bahawalpur PKR 197,900 PKR 2,100
Gujrat PKR 197,900 PKR 2,100
Nawabshah PKR 197,900 PKR 2,100
Chakwal PKR 197,900 PKR 2,100
Hyderabad PKR 197,900 PKR 2,100
Nowshehra PKR 197,900 PKR 2,100
Sargodha PKR 197,900 PKR 2,100
Faisalabad PKR 197,900 PKR 2,100
Mirpur PKR 197,900 PKR 2,100

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