What are the tax implications of KnwEdu challenge give away

KnwEdu Challenge as a program identifies students regionally with the best academic knowledge. The best are nominated as position holders and as take away their school tuition fees is paid directly to the school on their behalf according to the published policy. As the take away is paid directly to the school, parents are completely kept away from any kind of tax implications. You can rest assured that your child is going schooling free of cost for the next few years.

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