7don MSNOpinion
Budget 2026 Wishlist: Why Section 80D tax deduction for health insurance premium should be allowed in new tax regime
Budget 2026 should make tax deduction for health insurance premium paid under Section 80D in new tax regime also ...
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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, ...
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 ...
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 ...
Section 80D permits senior citizens to claim deductions of up to Rs 50,000 for medical expenses if they are uninsured.
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 ...
1don MSN
Budget 2026: Why income tax amendments will be made in the 2025 Act instead of the repealed 1961 law
If any tax policy changes are announced in Budget 2026, legislative logic dictates they will have to be made directly in the ...
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 ...
While the government has consistently signalled a preference for the new tax regime due to its simplicity, the old tax regime ...
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 ...
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