One of the long-standing demands of the general public is an increase in Section 80D tax deduction for health insurance premium paid, under the old tax regime. However, Section 80D of the Income Tax ...
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Section 80D lets you claim deductions on health insurance premiums paid for yourself, your family, and even your parents. Depending on the age of the insured, you can claim up to ₹25,000 or ₹50,000, ...
In India, health insurance isn’t just a safety net for medical emergencies—it’s a smart way to save on taxes. One of the most beneficial provisions in the Income Tax Act is Section 80D, which allows ...
Investing in medical insurance is not just about safeguarding your family’s health; it’s also a smart financial move. If you’re considering investing in health insurance for your family and want to ...
Medical emergency is something which can occur anytime, anywhere and to anyone without giving a warning sign. So, experts suggest taking health insurance is the best option to secure yourself from any ...
With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget ...
Section 80D of the Income Tax Act, 1961, allows an individual to claim a deduction of up to Rs. 25,000 (Rs. 50,000 for senior citizens) in respect of any expenditure incurred on preventive health ...
From April 1, the Income Tax Act, 2025, will come into effect, replacing the six-decade-old 1961 law, with all tax changes announced in the 2026–27 Budget set to be incorporated into the new framework ...
Having a health insurance policy provides a safety net for you and your family members. In addition to providing financial security, a health insurance policy can also help you save on taxes. To ...