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, ...

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 ...

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 ...

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 ...

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 ...

While many are familiar with common tax-saving avenues such as Section 80C investments like PPF, ELSS, HRA, or home loan interest, there exist lesser-known strategies that can significantly benefit ...

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 ...

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 ...