Section 80D provides that the single premium paid should be divided over the years for which the benefit of health insurance is available. While filing the Income Tax Return (ITR), Arup Sahay (name ...

Besides section 80C instruments such as equity-linked saving schemes (ELSS), tax-saver fixed deposits and employees’ provident fund contribution, section 80D, too, is a highly popular avenue for ...

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 ...

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 ...

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 ...

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 ...

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 ...

Life insurance is typically covered under Section 80C of the Income Tax Act. However, when it comes to health-related riders attached to a life insurance policy, such as critical illness cover or ...