Child education allowance tax benefit in ITR filing for FY 25-26: Know when you can claim it
Salaried employees can claim child education allowance tax exemption under the old tax regime. This exemption is available for up to two children per taxpayer. For FY 2026-27, the monthly limit increases significantly to Rs 3,000 per child. Self-employed individuals and those opting for the new tax regime cannot claim this benefit. Both parents can claim the exemption separately for their eligible children.