Taxpayers are always looking for ways to reduce legitimately reduce their tax liability. One of the sections of the Income Tax Act, 1961 that can come to your rescue and reduce your tax liability to a ...

Health insurance is not merely a money-insurance mechanism but a very essential investment in your well being and the well ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Central Government of India ...

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, ...

Section 80D of the Income Tax Act allows deductions on money spent as premium for health insurance policy and for healthcare of family members, including parents. The limit is dependent on age. The ...

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 ...

New Delhi (India), August 10: Healthcare expenses can put a significant dent in your finances, especially during times of medical emergencies or routine medical treatments. To ease the financial ...

Section 80D of Income Tax Act allows a taxpayer can claim up to Rs 50,000 tax deduction in a particular financial year. Under Section 80D of Income Tax Act, medical insurance paid for one's guardian ...

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 ...

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.