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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, ...

As health insurance premiums continue to increase, individuals with policies should consider utilising tax deductions provided by Section 80D of the Income Tax Act. This particular provision, ...

New Delhi [India], May 20: Health insurance plans are tools for managing medical costs. It offers you coverage for unforeseen hospital bills as well as healthcare costs when you need it the most.

Under 80D deduction, you can claim a deduction in the premium amounts of your multi-year health insurance policy. However, you can only be eligible to claim the deduction if the premiums were paid in ...

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 ...

Did you miss the deadline for submitting tax-saver investment proofs to your employer in the last quarter of financial year 2023-24? Or did you forget to choose the old regime with higher exemptions ...

Tax Relief: Understanding Section 80DDB and its crucial differences from Section 80D (Image: Freepik) Income Tax Benefits: When it comes to medical expenses, there are certain provisions under Section ...

When you most need it, health insurance covers unanticipated medical expenses and hospital fees. Getting health insurance is one of the finest strategies to get through these kinds of financial ...

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 ...

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 ...