Tax
What is Section 80D (Health Insurance Deduction)? — Meaning, Definition & Example
Definition
Section 80D of Income Tax Act allows deduction for health insurance premiums and preventive health check-ups. Deduction limits: ₹25,000 for self/spouse/children, additional ₹25,000 for parents (₹50,000 if parents are senior citizens). Maximum total deduction is ₹1 lakh.
💡 Real Example
If you pay ₹20,000 health insurance for family and ₹35,000 for senior citizen parents, total 80D deduction is ₹55,000, saving ₹17,160 tax at 30% slab.
🇮🇳 Section 80D (Health Insurance Deduction) in Hindi / हिंदी में
धारा 80D — आयकर अधिनियम की धारा 80D स्वास्थ्य बीमा प्रीमियम और निवारक स्वास्थ्य जांच के लिए कटौती की अनुमति देती है।
Section 80D (Hinglish) — Section 80D health insurance premium aur preventive health checkup pe tax deduction deta hai. Self ke liye ₹25,000 aur parents ke liye ₹25,000-50,000 tak deduction milta hai.
❓ Frequently Asked Questions
What is Section 80D (Health Insurance Deduction) in simple words?
Section 80D of Income Tax Act allows deduction for health insurance premiums and preventive health check-ups. Deduction limits: ₹25,000 for self/spouse/children, additional ₹25,000 for parents (₹50,000 if parents are senior citizens). Maximum total deduction is ₹1 lakh.
Can you give an example of Section 80D (Health Insurance Deduction)?
If you pay ₹20,000 health insurance for family and ₹35,000 for senior citizen parents, total 80D deduction is ₹55,000, saving ₹17,160 tax at 30% slab.
What is Section 80D (Health Insurance Deduction) meaning in Hindi?
In Hindi, Section 80D (Health Insurance Deduction) is called धारा 80D. आयकर अधिनियम की धारा 80D स्वास्थ्य बीमा प्रीमियम और निवारक स्वास्थ्य जांच के लिए कटौती की अनुमति देती है।