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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, ...

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 ...

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 ...

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 ...

Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year's budget, the Tax Benefit on ...

When it comes to reducing your income tax liability, one of the most effective options is claiming deductions on health insurance premiums. Under Section 80D of the Income Tax Act, 1961, taxpayers can ...

Budget expectations: The upcoming Union Budget for 2025, scheduled to be announced on February 1, is anticipated to bring forth reforms to bolster the expansion and reach of the insurance industry in ...

The final date for submitting the income tax return (ITR) is approaching, and people are now seeking ways to reduce their taxable income without locking in their funds for years. There are several ...

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 ...