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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, ...
With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget ...
As Budget expectations build, taxpayers and experts are looking for calibrated tax tweaks rather than sweeping reforms to ...
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 ...
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 ...
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 ...
Taxpayers and experts are hoping for a ₹1 lakh standard deduction, rationalised tax slabs, inclusion of Section 80D under the ...
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 ...
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 ...