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

Section 80D offers you a tax deduction if you have paid health insurance premium for yourself, family, parents. However, this ...

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

Buying insurance is crucial, but do you know what you're really paying for? From premiums and hidden charges to tax benefits, ...

You can claim a tax deduction of up to Rs 25,000 each year for health insurance premiums under Section 80D of the Income Tax Act. If you are a senior citizen, this amount goes up to Rs 50,000.

However, when it comes to health-related riders attached to a life insurance policy, such as critical illness cover or hospital cash benefits, you can benefit from deductions under Section 80D. The ...

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

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 ...

Before March 31, 2025, you should invest in tax-saving options to lower your taxable income if you have opted for the old tax regime. The Income Tax Act offers several important deductions, including ...