Manager
51 Points
Joined May 2023
A taxpayer can claim a maximum deduction of Rs 1.5 lakh on the tuition fees paid for up to 2 children to any university, college, school or other educational institution situated in India
The following exemption* is provided to a salaried taxpayer in India:
Childrens' Education Allowance: INR 100 per month per child up to a maximum of 2 children.
Hostel Expenditure Allowance: INR 300 per month per child up to a maximum of 2 children.
(*Only if expenses are incurred in India as per Section 10(14) of the income tax act)