Children Education Allowance Income Tax Online Tool for CG Employees
Exempted from Income Tax for Children Education Allowance and Hostel Expenditure allowance – A simple calculator for CG Employees
How to use the tool
Step 1: Select the option Children Education Allowance or Hostel Subsidy
Step 2: Enter the Amount Received for 1st and 2nd Child
Step 3: Enter Number of Months Received Amount
Step 4: Click the Calculate Button
This tool shows immediately the exemption amount for the allowances.
Read the Notes:
Advisory: Information relates to the law prevailing in the year of publication/ as indicated . Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.
Disclaimer: The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc.