Tax Deduction limit under 80D | Tax Benefits of Health Insurance

[@tamalt4604]

so professionally made...really liked ! PS: liked the attire of the host !

[@sradhasumandas]

This man looks so proffessional...

[@jimoothmahendra7592]

One of the Best and most crisp videos done. Explanation was top notch.

[@gauravrade8908]

Sir your hindi speech is just awesome 👍

[@ETMONEY]

Thanks!

[@RajSekharK]

Thid could not have been explained better. The video and tables and infographics are so nice and so easy to understand. Liked, subscribed, notifications enabled.

[@abhirb12]

Kya coluldnt have been better?? He only spoke about mother, what if I want to purchase health insurance for both parents? And only father is senior citizen.

[@thesoothingsanta7794]

Thanks ET Money! With your example it is preety clear to me :)

[@ETMONEY]

Glad it was helpful!

[@sameerdumpawar3851]

In Case My Fathers age is above 60 years and Mothers age is below 60 Years. Then what is the deductible limit applicable to me 25000 or 50000

[@allwinvlog]

Brother, Your accent is cool, keep it up!

[@ETMONEY]

Thank you

[@rachanasarpotdar7900]

Can I claim medical expenses of my mother? She is above 60, house wife. She doesn't have any other medical insurance. Though my father receives a pension but I paid for her medical expenses.. can I claim it ? It says "dependent" parent. Pls elaborate this

[@meghasahu9492]

Can we save tax under 80D on new tax policy ?

[@abhirb12]

You only talked about mother, what if I want to purchase health insurance for both parents? And only father is senior citizen.

[@AnkitSoni-oz4pu]

Very nicely made. Thanks for the information.

[@ETMONEY]

Most welcome 😊

[@sh1234r]

catract lens Rs 30000 under 80D when not insured?Can I claim under 80d for senior citizen

[@ayushdixit9383]

I am 28 years old single person. My father's age is 60 and mother's age is 51. I am planning to buy a combined policy for all 3. Cost of policy is 67000. So as per 80D will I be able to take tax benefit on this whole amount because as per 80D 25k for self+ 50k for parents= 75k

[@adityakumar6451]

I am salaried. And my father has business , not salaried,he's 59 of age, if I take insurance for him,will it come under 80D

[@deepikakumari5369]

If my office is giving me medical insurance of upto 4 lacs. So, can I claim this under 80D as I'm paying premium from my salary, or do I need to take additional medi insurance of upto 25k to claim? Please clear my Doubt Sir.

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@suraj.newtech]

If Both husband and wife are working professional and comes under single health insurance ( self & spouse)which is paid by husband on yearly basic then in this case spouse can apply for same 80D tax benifts upto 25k under helath insurance scheme or Not. Please reply me.

[@chandanjaiswal6123]

Kya premium mein gst bhi include kar sakte hai ya phir sirf net amount ko hi premium mana jaega tax benefit ke liye please isko clear kare

[@falgunikathole2942]

Sir, preventive health check up on mother's life Rs. 40,000 hoga , aur preventive health check up on own life 20,000 hai to isko solve kaise kiya jaye, becoz limit to 5,000 ki he hai na

[@AKBESTALLTIME]

Tax deduction is for peoplr having annual income above5l per annum or 3.5lac? Pld reply sir

[@srijeet_4_u609]

I have paid advance health insurance premium in march 2023.. my policy will start from april 2023.. can I claim tax benifit for year between april 2023 to march 2024 although I have paid advance premium in month of march?

[@dipaksuradkar3845]

What be the Income tax exemption if senior citizens parents are covered under same policy with me and spouse ?

[@richarupal8647]

Is preventive health check up of 5000rs.included in the deduction of 25000

[@ankitabisht610]

Didn't get the link for health insurance plan

[@bhaskarreddy2660]

my mother already bought insurance for me, my brother and herself can I claim tax benefits on that?

[@ansumanbanerjee4995]

Sir hum gst de te Hai mahina 90000 Hume kya kuch benefit mile ga?

[@svkekade]

Very Nice video. I have one question. My father is senior citizen and due to health issues I have not able to get any health policy for him. But he has regular monthly medicines of BP. Can I claim his monthly medicines expenditure under 80D? Also, can we claim regular monthly medicines expenditure which paid online for mother, father and my grandmother? It will be very helpful if you answer my query.

[@Wealtheria]

You can claim Expenses of Medicine is you dont have Mediclaim for Senior Citizen and also you can claim benefit of Preventive Check up done under 80 D

[@thisisrahman]

Definition of a dependent parent? Like my father is a govt school teacher but my mother is a housewife and i pay for their premium. Can i avail benefit under 80D?

[@manoharchavan4289]

In preventive health check up what type of bill show, for exam doctors fee, blood reports fee medicine bill etc. Please inform us.

[@carpurs]

Life insurance premium is to be claimed 80d or 80c? Lic is mentioned under both the sections. Can somebody clear this confusion?

[@vkvishvas2020]

इसमें vaccination Bill laga sakte kya?1200*4

[@kuljeetsingh1193]

Sir. Is Group personal Accidental Policy comes under 80C or 80 D ?

[@himanshuch]

For multi year health insurance policy, can we save the entire amount in one year if premium paid is below 25000 for individual? Or it is mandatory to split the premium and claim tax rebate on 12500 for 2 years ?

[@keyboardms22]

What did you do for this? Split the bill?

[@pradeepbhurke2200]

Sir, during AY-2020-21, I have paid single premium of Rs.87,500/- towards health insurance & claimed Rs.50,000/- u/a 80 D. Can I claim remaining Rs.37,500/- in AY 2021-22 u/s 80 D ???

[@falgunikathole2942]

Nice Explaination Sir. 👌🙏

[@ETMONEY]

Thanks and welcome

[@tanugupta2205]

Hii sir Do you have any idea what can be the best option for health insurance cover to be taken for the purpose of tx deduction ?

[@ETMONEY]

Hi. Please dont take health insurance only because you need to save taxes. The best health insurance plans can be browsed on ETMONEY. Pls check out www.etmoney.com/health-insurance

[@sh1234r]

Can I get deductions for cost of catract lens Rs 30000 under 80D when not insured?

[@Wealtheria]

No You cant.

[@jagdishjaiswal1985]

Bina insurance policy ke kitne rs tak ki rebate milegi

[@mahadebsadhukhan8063]

I have no health insurance policy. Can I claim tax deduction U/S 80D for preventive health check up?

[@pratik8807]

Yes

[@sriyuktbhandari5693]

Can we claim term insurance premium in 80D as well or it will go under 80C?

[@ETMONEY]

80C for term insurance premiums

[@panchalimukherjee3728]

Can I claim for single premium paying insurance ?

[@ETMONEY]

Yes, you can claim. However in health insurance, there is no single premium payment. Single premium option is available only in life insurance plans.

[@kalpatarunayak5619]

my father is a pensioner ...can i show my father's health insurance amount in my tax slab

[@BeingRishika06]

My dad is a senior citizen and he is dependent on me, now for the health insurance it gets deducted from his staff account, if I transfer the amount to his staff account for deduction of the insurance premium,can I still avail ? Please help.

[@pritammankapure4032]

Sir can we claim GST paid on health insurance under 80D or not?

[@jaganmoymaity731]

Sir if my son is 26 yrs and is currently unemployed, so can i claim his HEALTH insurance under 80D?

[@jaganmoymaity731]

@@ETMONEY but my advisor told me that he is above 25 yrs so he is independent now. So I can't claim his

[@jaganmoymaity731]

@@ETMONEY thanks a lot

[@Pjoshi2303]

Sir me and sister would like to buy mediclaim for our parent please confirm if we can claim the full amount in our individual deduction 1. If yes who should be the proposer for policy me, my sister or my father who is 1st insured in policy 2. If no can we divide the premium amount in our deduction , who should be proposer in the policy in that case

[@ETMONEY]

Hi. Request you to check this with an insurance company.

[@manishkarsale8127]

Can the vaccination for my dependent child be considered under Preventive Health Checkup under section 80D?

[@narendrayadavkkc]

@@ETMONEY mera income 1.8 perannum maine hdfc ka ergo liya jiska premium 14070 mujhe kitna claim milega

[@SADHANASINGH-il5lb]

Ivf treatment deduction income tax which section

[@ajitchopdae5363]

Agar hum 3 yrs ka Premium ek sath pay kare to kya hum 3 yrs 80D ka benifit le sakte hai?

[@thepaperplaneboy3341]

I love this guy ❤️

[@hemant_Hk_music]

parents ka total 25000/- h ya each.. i mean apke example me agar ARAV ke mother ke sath father ka bhi premium ja rha hota to 80D me total kitna amount aata?

[@NikhilShinge]

Hi Sir, Unintentionally,I have buyed health insurance on 18 march 2020 instead of april 2020,will i get tax benefits on this health insurance for FY 2020-2021? Please reply

[@AmitSharma-tj5tx]

benefit must be claim in FY 2019-20 because yu paid that in march 2020

[@adityajoshi7101]

Thank you very much !

[@architagarwal3455]

Sir, If I take a policy for my parents and include my brother also in the same policy, then Can I claim rebate under section 80(D) for the premium of that policy?

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@Wealtheria]

You can not claim 80 D benefit for your brother. You have to Remove proportionate value of your brother while claiming 80 D Benefits

[@DhirajYadav-ny6gs]

Sir, I have paid a single premium of INR 52,858.00 for a 3 year (7.10.2021 to 6.10.2024) health insurance policy. How much tax benefit i can claim under 80D for each year. Pl reply.

[@ETMONEY]

The exact amount would be available in the premium receipt or policy document you received. Please check there

[@amitshuklabarabanki4816]

@@ETMONEY premium of 3 years paid can get deduction in 3 years or only in same year of payment

[@nehasingh-gm3mz]

Is Term insurance covered under 80D

[@ETMONEY]

No

[@ASHISHKUMAR-mp4yn]

Sir health insurance premium ka amount 80C me 1.5lakh me add hoga ya saving 1.5 lakh ke atirikt hoga

[@abhirb12]

80 D mein hoga

[@ravindersaini9409]

Helpful information

[@tusharwagh7929]

Sir i have two policies for mother and father one is for 16 k and one for 33 k can i claim both ? And as fathers age is 57 and mother age is 44 what will be the maximum amount i can claim will it be separate 25 +25 for both or it will b just 25 k ?

[@mitpat26]

It's High premium Plz Refer SBI'S MEDICLAIM Policy Comparatively Best in the Market

[@Calligraphy.art.claymodelling]

For females after marriage can we include our parents also in our family. Means can we include our parents also as our dependents

[@kunalgoswami5893]

if parents fall under category "dependents" means you can.

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0 Parents are always allowed, there’s nothing dependent parents in section 80D

[@ssvrkm.knowledgeispower]

Dear Athira, you used word- our- please remember that your parents are your parents and only you can claim it, not your spouse.

[@yaduvendrapratapsingh8271]

Mujhe apna itr 80D se fill krna h but health Insurance m lead name pr my wife h to batao ....m apne itr m health insurance 80D m dekha sakta hu ya ni

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@ssvrkm.knowledgeispower]

If you paid, you can claim

[@subhankarbose9328]

Cash payment karne se v kya tax benefit milta hai?

[@ETMONEY]

Hi, Yes. Mode of payment koi bhi hon, agar apne policy le hain toh aapko tax benefit milega

[@subhankarbose9328]

@@ETMONEY thanks sir

[@praveensharma9889]

Total savings Standard deduction 50,000 Health insurance 100,000 80c. 150,000 Nps. 50,000 ??

[@kunalgoswami5893]

yes you can. nps has additional 50k, can be claimed.

[@rajanikanthss]

What about individual how much can he claim

[@kunalgoswami5893]

upto 25000(

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@vishnu198315]

Term insurance kis section mein aata hai..

[@anupnaik3538]

80c

[@nishithjain8908]

How to port "PNB-ORIENTAL MEDICLAIM POLICY-2017: Group Health Insurance Product(Policy for Bank Account holders of PNB only) UIN: OICHLGP18074V011718" to Retail health policy. Thanks.

[@mayanksharma1234]

What about term plan is that also covered under 80d ?

[@thegagantrivedi]

Sir Pension Scheme me agar mre 1crore rupee hote he retirement ke bad yani 60 age ke bad. To 60 lakh to muje mil jayega or bacha hua paise ka har month kuch amount milega. To koi muje bata sakta he kya ki wo amount kitna hoga jo har month milegi?

[@ETMONEY]

Hi Gagan, Agar aap NPS ki baat kar rahe hain, toh pension amount aapki retirement kay time pe annuity products kya returns de rahe hain aur aap kis type ki annuity lete hain uspe depend karega. Regards, Team ETMONEY

[@thegagantrivedi]

@@ETMONEY ok thanks

[@AmitSharma-tj5tx]

yaar mahine ke 20000 mil sakte h agle 20 saal tak baaki aapko apne plan ki details batani hogi vo kitne saal ka h

[@MohanKumar-uh8qv]

Hi Sir, can we get English video ?

[@mahipalsingh4986]

Sir. I am salary person , govt deduction rghs 330 rs per months salary . Can I claim it in 80D . Please guide

[@anjuverma913]

What if the person is NRI ?

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@ssvrkm.knowledgeispower]

An NRI is also eligible to claim deduction under section 80D but if deduction is claimed for Senior citizens then NRI is not eligible.

[@manoharkaranth619]

Pls mention hindi in the title so that rest can skip

[@ashishgupta642]

Mere father and mother ki annual income kitni honi chahiye jisse unke premium ko me 80D me claim kr sku.

[@aashishchourasia5839]

Information is not fully correct

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0

[@sudiptaghosh6254]

Not proper

[@ssvrkm.knowledgeispower]

kzbin.info/www/bejne/i52qY4KQoMaelc0