The Advantage Of 80 D Tax Deduction In This Way
Typically tax payers pay attention to 80 C only, while 80 D is also good The option is to get deduction from deduction in tax on payment of premium of health insurance mediclaim policy. The deduction under deduction under Section 80 D of the premium is not available only to its Mediclaim policy, but also to the Mediclaim Policy taken for the children and the children. It is not necessary that if the health insurance policy is being taken for the parents If they depend on you, the rule for children is different, if the child is dependent on you after the age of 18 or is said to be unemployed, then the maximum for the son I can take the policy till the age of 25, whereas the maximum age for daughter is till her marriage. How and how much deduction * If no one is more than 60 years of age in the spouse, child then Rs 25000 annually * If the age of any of the spouses and children and parents is not more than 60 years then the maximum is Rs 50000 per year. * N...