Section 80d

The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at ₹5,000, applicable only in the old tax regime.

The income tax return filing deadline is approaching, prompting taxpayers to gather documents. Section 80D allows senior citizens without health insurance to claim up to ₹50,000 for medical expenses, available only under the old tax regime.

Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question.

March is vital for tax planning, with taxpayers eligible for up to ₹75,000 deductions on health insurance premiums under Section 80D.

Discover these lesser-known tax-saving tips beyond Section 80C investments, including Section 80GG for rent, Section 80D for medical insurance, and Section 80CCD(1B) for NPS contributions.

The new tax regime is the default tax regime for FY 2023-24 onwards and deductions under Chapter VI A i.e. 80C, 80D, etc. will not be available under the new tax regime.

ITR filing: Life insurance premiums paid by an individual for life cover taken for self, spouse, and children are eligible for the deduction u/s 80C

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Preventive health check-ups are important for the early detection of diseases and can lead to better outcomes. Under section 80D of the Income Tax Act, individuals can avail tax benefits for preventive health check-ups.

March is vital for tax planning, with taxpayers eligible for up to ₹75,000 deductions on health insurance premiums under Section 80D.