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Education allowance is exempted for ……..

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Education allowance is exempted for ……..

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Solution

The education allowance is exempted for children of the employee. The specific rules and regulations may vary depending on the country and the company's policies. Generally, the exemption applies to a certain amount of money that is used to cover education-related expenses such as tuition fees, books, and uniforms. However, it's important to check with a tax professional or HR department to understand the specific details and conditions of this exemption.

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