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Tax Slabs for Health Insurance based on age bracket
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20 Nov, 2020
by Shubham Aggarwal
Hi sir !
As in health insurance, there is premium affects when we cross age bracket from 0-18, 19-24, etc.
I want to know that what are the tax benefits in this case.
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08 Jan, 2022
Riya Thapa
Hi Shubham,
As per section 80D of the Income Tax Act 1961, taxpayers can get the tax benefits on health insurance as a tax deduction on the premiums paid in a financial year. Please read the definitive guide to tax benefits on health insurance for more details.
Regards,
Riya Thapa
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Hello Shubham,
Here's a link that may help. Let us know.
https://cleartax.in/s/medical-insurance