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Section 80D of the Income Tax Act, 1961, allows an individual to claim a deduction of up to Rs. 25,000 (Rs. 50,000 for senior citizens) in respect of any expenditure incurred on preventive health ...

Health insurance is not merely a money-insurance mechanism but a very essential investment in your well being and the well ...

Investing in medical insurance is not just about safeguarding your family’s health; it’s also a smart financial move. If you’re considering investing in health insurance for your family and want to ...

The last date for investing to save income tax (Tax Saving Planning) is fast approaching—March 31st. If you want to save tax this year, you must make your investments by this deadline. Otherwise, you ...

Starting from Assessment Year 2025-26 (Financial Year 2024-25), the Income Tax Department now requires taxpayers to mention the name of the insurer and the policy number while claiming deductions ...

As health insurance premiums continue to increase, individuals with policies should consider utilising tax deductions provided by Section 80D of the Income Tax Act. This particular provision, ...

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 ...

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 ...

Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year's budget, the Tax Benefit on ...

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 ...