India information prevention Health India

Is health insurance claim amount taxable?

Reading now: 212
www.livemint.com

₹25,000 for himself and his family. The limit is Rs50,000 if she is a senior citizen (age more than 60 years). An additional deduction for insurance of either of the parents is available to the extent of Rs25,000 if age less than 60 years and Rs50,000 if parents are senior citizens.

For uninsured senior citizens, medical expenditure incurred up to Rs50,000 shall be allowed. A deduction of ₹5000 will be allowed under this section for payment of preventive health check-ups.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA