Union Budget 2025-26 expected to boost insurance industry with tax waivers, FDI cap removal, and focus on health and pension ...
Rising healthcare costs have become a pain point for taxpayers and they demand an increase in tax deduction under Section 80D ...
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With FM set to table the Budget 2025, tax experts and stakeholders remain optimistic of major changes in the tax regime, ...
The deduction limit for health insurance premiums under Section 80D of the Income-Tax (I-T) Act, 1961, was last increased nine years ago in the 2015 Budget, from Rs 15,000 to Rs 25,000.
"By claiming deductions under Section 80D, you not only secure health insurance coverage for yourself and your family, but ...
The report also noted that the government should consider exempting GST and taxes on term and health insurance premiums, ...
Top insurance executives are urging Finance Minister Nirmala Sitharaman to bolster the life and health insurance sectors in ...
Auto insurance is tax deductible if you use your car for business, charity, medical or military moving purposes. You may be able to deduct health insurance costs from your taxes if you are self ...
Budget 2025: Insurance industry's wish list includes separate deduction for term insurance premium and higher taxbreak on health insurance premiums under section 80D Top insurance company ...