Tag: health insurance

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Senior Citizens Without Health Insurance Can Claim Up To ₹50,000 Tax Deduction Under Section 80D

Senior citizens without a health insurance policy can still receive tax relief on medical expenses under Section 80D of the Income Tax Act. The provision allows eligible resident senior citizens to claim a deduction of up to ₹50,000 for medical expenditure incurred during the financial year.

Why Your Parents Need a Health Insurance Even If They’re Healthy?

July 24, 2025: As parents age, their healthcare needs increase, often accompanied by higher medical expenses. A well-chosen health insurance plan can offer valuable...