This document summarizes various tax benefits available for children's education in India, including: - Children Education Allowance of Rs. 100/month or Rs. 1200/year per child up to 2 children (Rs. 2400 total). - Hostel Fee Allowance of Rs. 300/month or Rs. 3600/year per child up to 2 children (Rs. 7200 total). - Tuition fee exemption under section 80C of up to Rs. 1.5 lakh per parent for up to 2 children (combined exemption of Rs. 1.5 lakh). The total maximum tax savings from claiming all these exemptions can be Rs. 1,59,600 per

1. Children Education, Hostel
Allowance & Tuition Fee
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3. Overview
This document we will cover following
What will we cover?
● Children Education Allowance
● Hostel Fee Allowance
● Tuition Fee Exemption
● Total Tax Benefit
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4. ● Only if expenses are
incurred in India as per
Section 10(14) of the
income tax act
● INR 100 per month or
1200 per year, per child
● Up to a maximum of 2
children
● Can claim upto 2400 per
year
Children’s Education Allowance

5. ● Only if expenses are
incurred in India as per
Section 10(14) of the
income tax act
● INR 300 per month or
3600 per year, per child
● Up to a maximum of 2
children
● Can claim up to 7200 per
year
Hostel Allowance

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7. Where?
● Nursery school, creches and
play schools, school and
universities
Exclusions?
● Only on tuition fee, not on
mesa/ library etc.
● Only Full Time courses
● Foreign university/ school
Tuition Fee Exemption
Under Section 80C
How Much?
● Maximum 1.5 Lac for each
parent
How many children?
● Upto 2
Exemption Limit?
● Combined 1.5 lac under
80C, 80CCC and 80CCD

8. Total Tax Savings
2400 + 7200 + 1,50,000 = 1,59,600/- Exempted
Income
Tax Slab Saving
5% 7980/-
20% 31,920/-
30% 47,880/-
Exemptions can be claimed by
husband and wife both if earning

9. How to claim ?
● Keep receipts safe
● For Salaried employees, give decelerations to employer
● For self employed claim the deduction under VI-A
● Tuition Fee Deduction & Children Fee Allowance both can be claimed

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