Senior Citizen Health Insurance

What are the tax benefits offered under a senior citizen health insurance?
Asked Oct 11, 2017

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As per section 80D of The Income Tax Act, 1981, a tax exemption of Rs. 30,000 is provided under a senior citizen health insurance policy. A rebate of Rs. 5,000 can also be availed for preventative health check-ups, provided that the cost is within the existing limit.
Answered Oct 11, 2017

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