Section 80D offers deductions for health insurance premiums, with additional benefits for covering parents and dependent family members with disabilities. Section 80DD provides deductions for treatment, rehabilitation, and insurance premiums for dependents with disabilities. Section 80DDB allows deductions for specified disease treatments. To optimise health-related spending, invest in comprehensive health insurance, prioritise regular check-ups, and maintain organised documentation for smoother tax filing. Prioritise your health while maximising tax savings.
Utilise Section 80D for tax benefits on medical insurance premiums covering yourself, spouse, children, and parents
A maximum deduction of Rs.25,000 for non-senior citizens or Rs.50,000 for senior citizen parents can be claimed under Section 80D
Claim deductions under Section 80DD for medical treatment, rehabilitation, and insurance premiums for dependents with disabilities
A maximum deduction of Rs.75,000 or Rs.1,25,000 for severe disabilities can be claimed under Section 80DD
Benefit from deductions under Section 80DDB for treatment expenses on specified diseases, with a maximum deduction of Rs.40,000 or Rs.1,00,000 for senior citizens
Ensure tax benefits and financial security by investing in a comprehensive health insurance plan for your family under Section 80D
Save on taxes by not overlooking preventive health check-ups and including the expenses in your deductions
Keep bills, receipts, and insurance premium payment records to streamline the tax filing process and claim the maximum deductions available