Section 80D

How your health insurance policy can cut your tax outgo? (a.y. 2017-18)

Income Tax - Health insurance cover has become a necessary expense for every individual now. The insurance cover may include self or family including your parents. It is good to be aware on how you can save your tax, with a private health insurance policy. It is not always necessary to show investment to reduce your tax outgo....

Read More

How does your health care expenses become eligible for tax deductions?

Income Tax - Section 80D intricately defines the eligibility criteria for the health care expenses that are considered under the purview of the Income Tax Act. Since health care costs may differ from person to person, section 80D has different tax deductions on the basis of different health care costs....

Read More

Section 80D Deduction for Mediclaim Insurance Premium

Income Tax - Deduction Under Section 80D in respect of Medical Insurance Premium (Mediclaim) paid to keep in force insurance by individual either on his own health or on the health of spouse, dependent parents and children or HUF on the health of any members of family....

Read More

Tax benefit on Insurance Premium, Mediclaim & Medical Expenses

Income Tax - 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 this part you can gain knowledge about deductions available to a taxpayer on account of payment of life insurance premium, payment of health insurance premium and expenditure on medi...

Read More

Buy Health insurance for you and your family to save tax

Income Tax - Section 80D provides a deduction for contribution towards the health insurance premium to the extent of Rs 15,000 paid for self and family. If the policyholder is a senior citizen, the benefit can increase to Rs 20,000. Mostly people take only this benefit into account and consider the maximum limit here to be the highest amount that can ...

Read More

Aviva Life Insurance launches online health plan – Aviva Health Secure

Income Tax - Aviva Life Insurance today announced the launch of its online health plan – Aviva Health Secure. The plan provides the policyholder with a lump sum amount on diagnoses of any critical illness covered by the policy thereby ensuring that the family has adequate funds to meet the unplanned medical expenses and get the best possible treatme...

Read More

Budget 2010-11: Deduction in respect of contribution to the Central Government Health Scheme

Income Tax - It is, therefore, proposed to also allow deduction in respect of any contribution made to CGHS by including such contribution under the provisions of section 80D. The deduction will be limited to the current aggregate as mentioned in the section....

Read More
Sorry No Post Found

S. 80D Contributory Health Service Scheme of Department of Space notified

Notification No. 6/2014-Income Tax - (15/01/2014) - Notification No. 6/2014-Income Tax In exercise of thy powers conferred by clause (a) of sub-section (2) of section 80D of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Contributory Health Service Scheme of the Department of Space for the purposes of the said claus...

Read More

Recent Posts in "Section 80D"

How your health insurance policy can cut your tax outgo? (a.y. 2017-18)

Health insurance cover has become a necessary expense for every individual now. The insurance cover may include self or family including your parents. It is good to be aware on how you can save your tax, with a private health insurance policy. It is not always necessary to show investment to reduce your tax outgo....

Read More
Posted Under: Income Tax |

How does your health care expenses become eligible for tax deductions?

Section 80D intricately defines the eligibility criteria for the health care expenses that are considered under the purview of the Income Tax Act. Since health care costs may differ from person to person, section 80D has different tax deductions on the basis of different health care costs....

Read More
Posted Under: Income Tax |

Section 80D Deduction for Mediclaim Insurance Premium

Deduction Under Section 80D in respect of Medical Insurance Premium (Mediclaim) paid to keep in force insurance by individual either on his own health or on the health of spouse, dependent parents and children or HUF on the health of any members of family....

Read More
Posted Under: Income Tax | ,

Tax benefit on Insurance Premium, Mediclaim & Medical Expenses

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 this part you can gain knowledge about deductions available to a taxpayer on account of payment of life insurance premium, payment of health insurance premium and expenditure on medi...

Read More
Posted Under: Income Tax |

Buy Health insurance for you and your family to save tax

Section 80D provides a deduction for contribution towards the health insurance premium to the extent of Rs 15,000 paid for self and family. If the policyholder is a senior citizen, the benefit can increase to Rs 20,000. Mostly people take only this benefit into account and consider the maximum limit here to be the highest amount that can ...

Read More
Posted Under: Income Tax | ,

Tax Benefits of Health Insurance – Invest in Your Heath to Save More

Every financial year, taxpayers look for legal ways to protect their savings and minimise tax liability. The pressure to keep up with the costs of living, the skyrocketing property rates or the ever-increasing healthcare costs in India, fuels the need to save on tax even further. Besides methods such as house rent allowance, saving on [&h...

Read More
Posted Under: Income Tax |

Easy-to-miss Tax Benefits of Health Insurance Policies in India

If you are the breadwinner of your family and willing to buy health insurance plans for your children, spouse, and parents, you can avail tax benefits under section 80D of income tax act, 1961. You can avail these benefits as an individual as well as when you buy it for your parents no matter whether they are dependent on you or not....

Read More
Posted Under: Income Tax |

Why Health Insurance Plans are More than Just for Tax saving

When it comes to buying health insurance, we Indian find another easy to save on taxes. Although investing in health insurance plans is one of the easiest ways to get a rebate on income tax under section 80D, it is not always recommended to invest in insurance plans to saves thousands on taxes.Needless to say, […]...

Read More
Posted Under: Income Tax |

Tips to save Income tax for Salaried Person

Often, investment for most individuals begins and ends with tax planning. Although it is pertinent to avail tax breaks, this should not be the sole focus. Start by jotting down your key financial objectives, the tentative time of money requirement and the corpus needed to achieve those goals....

Read More
Posted Under: Income Tax | ,

Health insurance, one of the Best Tax Saving Investment

Today health care services are the most expensive industry. It is nearly impossible to stay healthy and fit in the polluted environment that gives birth to the number of health problems in such case we need to live a safe and secure life. This is one of the major reasons for buying Health insurance, but […]...

Read More
Posted Under: Income Tax |
Page 1 of 512345

Browse All Categories

CA, CS, CMA (3,233)
Company Law (3,133)
Custom Duty (6,311)
DGFT (3,286)
Excise Duty (3,932)
Fema / RBI (3,013)
Finance (3,162)
Income Tax (23,509)
SEBI (2,603)
Service Tax (3,217)

Search Posts by Date

January 2017
M T W T F S S
« Dec    
 1
2345678
9101112131415
16171819202122
23242526272829
3031