Скачать или смотреть Children Education Allowance | Hostel Subsidy | CEA Form | जानिए सब कुछ CEA के बारे मे

Children Education Allowance | Hostel Subsidy | CEA Form | जानिए सब कुछ CEA के बारे मे
Children Education Allowance -Rules, Limits, and Hostel Subsidy | CEA and Hostel Subsidy
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hildren Education Allowance
According to the latest available information, India’s literacy rate is 77.7%. This data was made publicly available by the NSO in September 2020 on the occasion of World Literacy Day. To further advance the cause of literacy, especially among the backward states, India’s Income Tax department provides a number of tax breaks collectively known as Children Education Allowance or CEA.

CEA Limits and Taxation
Most children education allowance exemptions are categorised under Section 80C of the IT Act.

The 7th Pay Commission provides several major boosts to such allowances and tax breaks. That said, several states are yet to implement the 7CPC recommendations and follow older tax regimes.

Hence, child education allowance limits are slightly different across India’s states.

Also of note is the fact that for several salaried individuals, their children’s education fees, including tuition and hostel fees, plus allowances for purchasing recommended textbooks together form a separate component of their pay packages.

Children Education Allowance Rules
This section contains a gist of all provisions that govern the allowances.

The 7CPC and Allowances
For those Government employees eligible for 7th Pay Commission benefits, the following tables reflect the increase in monthly children education allowance.

Before 7CPC recommendations
Rs. 1,500 Subject to increase with DA ratesRs. 4,500-do-
After 7CPC recommendations

Rs. 2,250-do-Rs. 6,750-do-
While these increments are considerable, they apply to very few children in India.

There is speculation that the Central Government will revamp the existing laws governing the CEA. However, no timeline has been declared for the same.