I think that you should probably think about indenting your code a little, so that the various blocks are a bit easier to pick out.
Also, I think that it's generally best to have main() return int rather than void , that way you can check the return value of the program and see if everything went as expected.
So, your code properly formatted, with some other little bits corrected:
#include<iostream> /* Removed the ".h" from the header name, it's deprecated in C++ */
#include<conio> /* Same for this one */
/* Added a line to use the std namespace, otherwise you'd have to use std::cout & std::cin instead of cout & cin */
using namespace std;
int main() /* Changed the return-type to int */
{
/* this code is now indented, so that we know it's in main() */
int birthmonth,birthyear;
int currentmonth,currentyear;
int agey,agem;
/* Adding carriage returns between distinct blocks of code can aid readability */
cout << "\n\n\t\t\tRaje\'s Age Calculator\n\n"; /* Used "\'" instead of just "'", since this will cause an error */
cout << "Enter Your Birth Year(Eg:1989):";
cin >> birthyear;
/* Added some white space between the elements of these statements to aid readability */
cout << "\n\nEnter Your Birth Month(Eg:7):";
cin >> birthmonth;
/* Added this bit to demonstrate return values from main */
if(birthmonth > 12 || birthmont < 1)
return 1; /* return 1 when something's gone wrong */
cout << "\nEnter The Current Month(Eg:7):";
cin >> currentmonth;
cout << "\nEnter The Current Year(Eg:2010):";
cin >> currentyear;
agey = currentyear - birthyear;
agem = 12 - birthmonth;
cout << "\n\n\t\tYour Age is " << agey << " Years And " << agem << " Months ";
getch();
return 0; /* We now return "0", so that we can check from another program if this one finished OK */
}