Income tax benefit under section 80 D for those who buy health insurance
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We can divide this into 3 major divisions 1. When you buy a family health policy- maximum amount can be Rs 15000 under section 80 D of IT act.2.Health insurance for your parents who are below 65 years; Maximum amount is Rs 15000. This amount is over and above the limit under 80D. 3. For health insurance of your parents who are above 65 years; Maximum amount is Rs 20000. This amount is over and above the limit under 80D It means that if you are getting a family health cover as well as a health c...
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