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Section 80d Medical Insurance | Niva Bupa
Section 80d Medical Insurance | Niva Bupa
Investing in health insurance is a wise decision as it serves as a safety net during medical emergencies. Still, medical insurance penetration in India is low. The government recognises this and strives to improve the awareness and adoption of insurance. One of the tools used by the government to achieve this is section 80D medical insurance of the Income Tax Act 1956. It offers a tax deduction for medical insurance premiums, encouraging taxpayers to buy health insurance.
#Section 80d Medical Insurance
·nivabupa.com·
Section 80d Medical Insurance | Niva Bupa
What is Covered Under Section 80D? | Niva Bupa
What is Covered Under Section 80D? | Niva Bupa
When it comes to tax planning, most of us focus on deductions section 80d medical insurance, but did you know that another section can help you save on taxes and secure your family's healthcare needs simultaneously? Yes, we're talking about Section 80D of the Income Tax Act, which offers tax benefits on health insurance premiums paid by an individual or a Hindu Undivided Family (HUF). But that's not all. This section also covers expenses incurred on preventive health check-ups, making it an excellent tool to take care of your health and finances simultaneously.
#Section 80d Medical Insurance
·nivabupa.com·
What is Covered Under Section 80D? | Niva Bupa