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Want your health cover to pay twice, once at the hospital and again at tax time? Section 80D of the Income Tax Act helps turn ...
With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget ...
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, ...
Deductions under the old tax regime such as Section 80C, 80D and home loan interest benefits have remained unchanged for nearly a decade, despite rising inflation, healthcare costs and housing prices.
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 ...
Taxpayers and experts are hoping for a ₹1 lakh standard deduction, rationalised tax slabs, inclusion of Section 80D under the ...
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 ...
As Budget expectations build, taxpayers and experts are looking for calibrated tax tweaks rather than sweeping reforms to ...
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 ...
Budget 2026 is urged to boost health insurance tax deduction limits. Experts advocate for extending these benefits to the new tax regime. This move aims to ease financial burdens from rising medical ...
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 ...