Income tax in Budget 2025: Why Section 80D limit for health insurance premium must be raised and allowed in New Tax RegimeBudget Section 80D: Rising healthcare costs have become a pain point for taxpayers and they demand an increase in tax deduction under Secti...
Budget 2024 Section 80D Exemption: Why govt should increase Section 80D tax exemption limit for health insurance under old tax regimeBudget 2024 Section 80D Exemption: Taxpayers who have opted for the old tax regime are hoping for an increase in the limit under section 80...
Income tax deduction: Salaried can claim up to Rs 75,000 tax deduction for paying health insurance premiums, how
Section 80D deduction: You can claim maximum deduction of Rs 1 lakh on health insurance to save income taxTax-saving via section 80D for FY 2023-24: Here's all you need to know about claiming deduction under Section 80D to save income tax. This ...
Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wantsAmid high inflation and rising medical costs, the common man is expecting a host of insurance related reliefs from this Budget. Insurance i...
After Covid, Budget 2022 must hike tax exemption limit for health insurance under Section 80DThe government should have two objectives for section 80D. To encourage more people to buy health insurance and to have them buy the right ...
What other deductions can I claim from my salary part from common ones like 80C, 80D?The current income tax laws allow various other deductions from the income chargeable to tax apart from common ones such as section 80C, 80...
How to make full use of section 80D to save tax on health insurance?You can only claim deduction under section 80D on health insurance bought for your parents and not for your parents-in-law.
Can spouses split health insurance premium to claim tax benefit under section 80D?Will the insurer issue two separate tax certificates to the spouses for paying the premium in parts for one health policy? Here's what tax ...
Budget 2018: Section 80D limit proposed to be hiked to Rs 50,000 for senior citizensA taxpayer can currently maximise tax benefit under section 80D to a total of Rs 55,000 if his age is below 60, while parents' age is above...
Can I claim medical expenses for my wife as deduction under Income Tax Act?Section 80D of the Act allows taxpayer to claim deduction of Rs 50,000 towards medical expenditure incurred on himself or a family member w...
Planning to buy health insurance to save tax? Watch out for these factorsOne should not buy health insurance plan to save on tax. It is used to take care of you and your family in case of medical emergencies.
Budget 2018: Bouquet of benefits for senior citizensThere were many announcements that will benefits senior citizens in Budget 2018.
Insurance Queries: Should one increase sum insured with age?Every week, an expert selected by ET answers queries from our readers on insurance.
How much health insurance do you need?Given the high cost of medical procedures today and the double-digit inflation in health care costs, buying adequate cover is very importan...
How to claim tax benefits of health insuranceOne can claim a deduction up to Rs 25,000 for health insurance premium paid for immediate family (self and dependent children) for a financ...
How Budget 2017 affects individual taxpayers in different income slabsHere's how Budget 2017 affects individual taxpayers in different income slabs