Tuesday 24 January 2012

ALLOWANCE : CHILDREN EDUCATION & HOSTAL FACILITY


I am a salaried person and I have filed my return to income tax department. My elder daughter is studying for medicine and staying at hostel. My youngest son is studying in 9th standard. What are allowances are available to me for the education of my children?




Children education allowance.
Rs. 100 per month per child upto a maximum 2 children.
Allowance granted to meet hostel expenditure on employee’s child.
Rs.300 per month per child upto a maximum two children

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