Think Beyond Section 80C: Alternative Options To Save Your Taxes
By
siliconindia | Thursday, June 18, 2015
Section 80D
This section covers upon the Health Insurance policy or Mediclaim policy which helps in saving taxes on the premium paid. If you are paying premium for yourself and your family, then you can avail upto 15,000 deduction per annum and 20,000 if you are a senior citizen.
Section 80DDB
Under this section, expenses incurred towards curing specified diseases such as cancer, chronic kidney failure among other listed diseases qualify for deduction up to 40,000, which goes up to 60,000 in case of senior citizens.
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