September 13, 2026
  • September 13, 2026

How senior citizens can save tax with medical bills under Section 80D?

By on August 29, 2024 0 15 Views

Senior citizens in India can claim tax deductions up to INR 50,000 under Section 80D of the Income Tax Act for medical bills and health insurance premiums. This provision aims to ease financial burdens and promote better healthcare management. Deductions for preventive health check-ups are also available up to INR 5,000.

Leave a comment

Your email address will not be published. Required fields are marked *