Rs 100 a month for child's education?

Created by Harpreet Kaur - 11th Feb, 2013

I just read that the exemption limit for education allowance paid by employer was fixed at Rs 100 per child per month for up to two children in year 2000 and it has remained unchanged. Isn't that ridiculous? Considering the kind of fee structures, there's a huge discrepancy. Let's hope is the coming budget would bring any happy news. What do you think?