Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the maximum limit of claiming a tax benefit in respect of medical insurance premium?

April 26, 2017benefit claiming limit maximum medical insurance Premium respect tax

0

Posted

What is the maximum limit of claiming a tax benefit in respect of medical insurance premium?

1 Answer

0

Posted

Response: As per section 80D of the Act, a deduction can be claimed by an individual in respect of the medical insurance premium paid up to Rs 15,000 for himself and his spouse and dependent children.