Searched for
HEALTH INSURANCE DEDUCTION
Health insurance works only when everyone contributesA small group of health insurance customers accounts for most hospitalisation costs. The remaining 95% must pay premiums to keep the system...
Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency proceduresMany policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...
Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degreesThe escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, ac...
US Stock Market: US health insurers post best quarterly performance since pandemic eraU.S. health insurers posted strong first-quarter earnings, easing concerns over rising medical costs and claims pressures. Major players be...
Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
Want higher health insurance coverage through super top-up policy? HDFC Ergo, Aditya Birla, ICICI Lombard, Niva Bupa, Care plans comparedRising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...
If I gift my Rs 2 lakh to my wife who plans to invest in FD, who will pay income tax on interest earned?ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...
Amazon techie checks April payslip, sees TDS bigger than father's salary: 'Daylight robbery at this point...'An Amazon employee went viral on Grapevine after sharing their shock over a heavily taxed April payslip, revealing frustration at seeing a ...
Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
I am 80 and my wife is 78. Can we increase our coverage to Rs 10 lakh each?ET Wealth Reader's Query: I am 80 and my wife is 78. We currently have medical insurance coverage of Rs 7 lakh each. We would like to incre...
Budget 2026 Wishlist: Why Section 80D tax deduction for health insurance premium should be allowed in new tax regimeBudget 2026 is urged to boost health insurance tax deduction limits. Experts advocate for extending these benefits to the new tax regime. T...
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...
Your senior citizen parents' medical bills can help you save tax: Here's howBudget 2018 amended Section 80D of the Income-tax Act which allows a deduction for medical expenditure incurred on senior citizens. However...
Finding Rs 1 crore health insurance cover costly? A Rs 50k voluntary deduction can reduce premium by up to 35%If you have a health insurance policy with a low sum insured, you face a big risk. A few years from now, the cost of treatment will, in all...
Can NRIs save tax through health insurance bought in India?An NRI is allowed to buy a health insurance policy in India to secure their health as well as that of their family members. Most Indian hea...
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.
Everything you need to know about top-up health insurance plansOne must check whether expenses towards day-care procedures, pre-existing diseases, pre and post hospitalisation are included.