By taking advantage of deductions under Section 80D, you can secure health insurance protection for yourself and your loved ...

As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.

The deduction under Section 80D for health insurance was last increased from Rs 15,000 to Rs 25,000 in Budget 2015. Over the past nine years, there has been no further change in this limit ...

Section 80D deals with deductions on medical insurance premiums. It allows individuals below 60 years to claim a deduction of up to Rs 25,000, and for senior citizens, this amount increases to INR ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...

Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...

I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...

Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...

taxpayers must be looking for investment avenues which they can explore before March 31 which can be availed for claiming tax deduction. Since deductions under 80C, 80D, 80DD and 80G are not ...

in this video I will tell you the new four Income tax benefits you can expect in Budget 2024 First is 80D deduction limit The deduction limit under Section 80D for medical insurance premiums ...