Here is everything you need to know about section 80D and what tax benefits can be availed under health insurance. An individual can avail a maximum deduction of Rs 25,000 for premium paid on health ...
New Delhi [India], May 17: One of the greatest investments in life is always ensuring the good health of yourself and your family. Hence, if you intend to keep yourself financially secure regarding ...
New Delhi (India), August 10: Healthcare expenses can put a significant dent in your finances, especially during times of medical emergencies or routine medical treatments. To ease the financial ...
Union Finance Minister Nirmala Sitharaman is likely to present the maiden Budget of Modi 3.0 government on July 24. In this budget, the insurance sector as well as middle-class taxpayers are hoping to ...
Older adults are prone to illnesses and infections and may require frequent medical care. Considering healthcare expenses are increasing by the day. Older adults are prone to illnesses and infections ...
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Besides section 80C instruments such as equity-linked saving schemes (ELSS), tax-saver fixed deposits and employees’ provident fund contribution, section 80D, too, is a highly popular avenue for ...
Experts and stakeholders are advocating for an increase in the deduction limit under Section 80D. Under Section 80D of the Income Tax Act, 1961 for health insurance premiums the limit of deduction was ...
Health insurance is a form of insurance that covers medical expenditures incurred by an individual for long-term well-being. Ultimately, health insurance allows individuals and families to cover the ...