As per new Decree No. 13225 published in Public Gazette dated 18/04/2024, new school allowance will be as followed:
- Four million per child for public and no charged schools - with a ceiling of Twelve million per employee.
- Twelve million per child for private universities and schools - with a ceiling of Thirty Six million per employee.
Conditions:
- Child more than 3 years ( at January 31st ) and less 25 years old.
- Official Private or public school or university.
- Wife can benefit only if she is benefiting from family allowance or her husband doesn’t benefit from any school allowance.
- Employee must be registered in company for more than one year.
- Allowance will not be part of salary, so it will not be taxable and will not be part of EOS calculation.