Education For Employees Children

murali.friend
1st to 5th class 6000 PA per child
6th class to 10th class 8000 PA per child
Intermediate 8000 max
100% fees paid in case of more than 60% in SSC
Employee CTC 7500 100% fees payment
Employee CTC 7500 to 10000 100% considered for this year
Employee CTC 10000 to 12500 75% of school fees to be paid
Employee CTC 12500 to 15000 50% of school fees to be paid
Min. period 6 months in contract / 1yr for regular employees
OOT
Murali,
Thanks for your response. Looks like you are sharing the policy in your organization.
But, I was looking for comments from employees Income Tax perspective.
Can you throw some light on this.
priyanka427
Hello All,
Could you please share with me the policy draft for sponsoring education to employee's children's. M associated with a manufacturing co.with employee strength of 150 in total.
An early reply will be highly appreciable.
Thanks in advance.
Regards
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