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Get smarter with Masterclasses by LLA Capital Gain Masterclass: cg.lla.in Employee Rights Masterclass: er.lla.in Tax Planning Course: 📚Payroll, Excel & Labour Law Courses for career growth: https://lpt.institute/courses/ File ITR: https://labourlawadvisor.in/link/tax _____________________________________________________ You can save up to Rs 48,000 in taxes if you have children and receive a Children's Education Allowance. You can also get deductions for tuition fees and hostel fees for your children. The Indian Government offers a plethora of tax deductions under Section 80C which cannot go beyond Rs 1,50,000. Moreover, both parents can claim the children’s education allowance and save tax. Watch this video to understand the rules pertaining to Children's Education Allowance and start saving some money, because money saved is money earned. Read about this in English: https://labourlawadvisor.in/blog/chil... _____________________________________________________ Chapters: 00:00 Intro 01:23 What is Children's Education Allowance? 01:51 What is Hostel Allowance? 02:10 Tuition fee exemption 03:51 Total tax savings 04:31 How to claim all exemptions? _____________________________________________________ PLAYLISTS : Money Frauds You Must Know: https://link.lla.in/LLA-PL-Money-Frauds Life Insurance Guide: https://link.lla.in/LLA-PL-life-insur... Demat Account Guide: https://link.lla.in/LLA-PL-Demat-Acco... Income Tax: https://link.lla.in/LLA-PL-Income-Tax... Jagruk Talks S2: https://link.lla.in/LLA-PL-Jagruk-Tal... Business Basics: https://link.lla.in/LLA-PL-Business-B... ABC of Personal Finance: https://tinyurl.com/LLA-Financial-Adv... Labour Law Crash Course Series: https://tinyurl.com/Labour-Law-Crash-... Social Security Schemes: https://tinyurl.com/LLA-Social-Securi... _____________________________________________________ Follow us on Social Media📲 Twitter: https://link.lla.in/LLAtwitter Instagram: Telegram: https://t.me/JoinLLA Facebook: https://link.lla.in/LLAFB ..................................................... #ChildrenEducationAllowance #HostelAllowance #TaxDeduction