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    1. How Much Tax Deduction You Can Claim On Premium Paid For Health Insurance?

      How Much Tax Deduction You Can Claim On Premium Paid For Health Insurance?

      Rising healthcare costs has made it is necessary to buy a Health Insurance Policy nowadays. Even if you have a company group health insurance, it is always advisable to have a separate individual health plan to ensure the same financial safety when you are not employed or when your company withdraws the policy. Apart from providing financial security during medical emergencies, buying a health insurance plan also gives you tax benefits. Tax benefits for premium paid for health insurance can be claimed under section 80 D as per Income Tax Act, 1961.

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      Mentions: India Mumbai Reuters
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