Under New Income Tax Rules, 2025, there have been major increases in tax benefits like child education allowance and child hostel allowance. The government has raised child education allowance from Rs 100 per month to Rs 3,000 per month, and the child hostel allowance has jumped from Rs 300 per month to Rs 9,000 per month. The revised rates are per child for a maximum of two children. But do taxpayers under the new tax regime also.
S K and Associates
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