Income Tax : Explore the pitfalls of rushing into tax-saving investments like life insurance, medical insurance, and ELSS. Learn why careful pl...
Income Tax : Discover top tax-saving investment strategies in India, including options like PPF, life insurance, mutual funds, and mediclaim po...
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Income Tax : Article discusses about Deduction in respect of Life Insurance Premium, PPF, NSC, etc. [Section 80C]/ medical insurance premium [S...
Finance : A medical emergency can heavily impact your emotional as well as financial life. Hence, it is prudent that you buy a health insura...
Corporate Law : We invoke your kind attention towards the repeated violation of Drugs & Cosmetics Act by selling pharmacy through their respective...
Service Tax : A new 10.3% service tax has been introduced on all cashless mediclaim transactions from July 1, to be paid by Third Party Administ...
Finance : Medical care at overseas hospitals could well be within your reach with a number of health insurance providers planning to launch ...
Corporate Law : There have been several representations from consumer associations and policyholders for enabling portability of health insurance ...
Corporate Law : The Public Sector General Insurance Companies have been incurring health insurance claims in excess of premium received and after ...
Corporate Law : Statement in Response to Calling Attention Motion Notice on Unilateral Revision / Withdrawal of Medical (Cashless) Insurance Produ...
Corporate Law : Concerned over the plight of patients after withdrawal of the cashless treatment facility by some hospitals at the behest of PSU i...
Corporate Law : Mediclaim policyholders, who are not satisfied with the service of their existing service providers, will be able to switch to ano...
18 Additional deduction for health insurance premium paid for parents 18.1 Pre-amended section 80D of the Income-tax Act provides for a deduction of up to fifteen thousand rupees to an assessee, being an individual or a Hindu undivided family. The deduction is allowed for making a payment to effect or keep in force an insurance […]
The average life span of an individual has increased in India due to better health conditions, awareness about one’s well being and improved medical facilities. At the same time, the medical costs of treatment and surgery have increased a lot. Therefore, medical insurance makes complete sense, especially where majority of the family members are dependent […]