Deduction on Section 80D in Income Tax Act (Tax deduction based on Health Insurance Premiums Paid)

• Deduction on Section 80D in Income Tax Act (Tax deduction based on Health Insurance Premiums Paid). You are allowed to claim a deduction up to Rupee. 25,000 per budgetary year for medical insurance premium instalments. The premium should be for you, your spouse, and dependent children. On the other hand, if there is a chance that either you or your spouse is a senior citizen (60 years or above), the limit goes up to Rupee. 30,000.
• Deduction on Preventive Healthcare Check-ups
  You get tax reduction on preventive health check-ups annually. Inside the aforementioned limit of Rupee. 25,000 (or Rupee. 30,000 all things considered) under Section 80D income tax, you can also claim expenses incurred for preventive health check-ups up to Rupee. 5,000 for each budgetary year.