With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget 2026 must fix the gap ...
Want your health cover to pay twice, once at the hospital and again at tax time? Section 80D of the Income Tax Act helps turn ...
Budget 2026 is urged to boost health insurance tax deduction limits. Experts advocate for extending these benefits to the new tax regime. This move aims to ease financial burdens from rising medical ...
As Budget expectations build, taxpayers and experts are looking for calibrated tax tweaks rather than sweeping reforms to ...
Section 80D lets you claim deductions on health insurance premiums paid for yourself, your family, and even your parents. Depending on the age of the insured, you can claim up to ₹25,000 or ₹50,000, ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Central Government of India ...
In India, health insurance isn’t just a safety net for medical emergencies—it’s a smart way to save on taxes. One of the most beneficial provisions in the Income Tax Act is Section 80D, which allows ...
Medical emergency is something which can occur anytime, anywhere and to anyone without giving a warning sign. So, experts suggest taking health insurance is the best option to secure yourself from any ...
Taxpayers and experts are hoping for a ₹1 lakh standard deduction, rationalised tax slabs, inclusion of Section 80D under the ...
With Budget 2026 just days away, senior citizens are hoping for targeted relief on interest income, healthcare costs and insurance premiums. Experts say higher deductions under Sections 80TTB and 80D, ...
Having a health insurance policy provides a safety net for you and your family members. In addition to providing financial security, a health insurance policy can also help you save on taxes. To ...