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The primary tax benefit on health insurance comes under Section 80D. It allows deductions for premiums paid for yourself, your spouse, dependent children, and parents. For self, spouse, and children, you can claim up to ₹25,000 a year. Add parents to the policy, and you get another ₹25,000. If either parent is a senior citizen, this second limit rises to ₹50,000. (Express Photo)

Health Insurance Tax Benefits: What Counts & What Doesn’t

December 23, 2025 6:58 pm

With healthcare costs rising faster than incomes, adequate cover is essential for financial security, as a serious illness or hospitalisation can quickly erode years of savings.

Perhaps the cost of living alone is inseparable from its rewards, though neither is ever straightforward (Source: Freepik)

Independence isn’t cheap — ask the person living alone and paying the ‘singles tax’

November 11, 2025 6:42 am

As rents soar and cities crowd tighter, living alone has become a privilege few can sustain

7 common credit score myths you should know about

September 25, 2025 6:58 pm

A score of 750 or above is generally considered good, unlocking access to the best loans and credit cards at attractive rates.

Puja Banerjee and Kunal Verma say they have been cheated by a friend, lost all their life savings: 'Zero par laakar khada kar diya'; how to stay vigilant

June 12, 2025 1:30 pm

Opening up about the betrayal, Kunal added, "When you trust someone for the past 3 years. Has been with you, becomes a part of your home and family.”

Slow and Steady: How Much of Your Money Belongs in PPF?

May 23, 2025 1:03 pm

The strategy, essentially, is to avoid duplication. While PPF is a useful tax-saving tool, it isn’t the only one. Utilise it to complement your broader financial strategy.

Sweep-in FDs can fetch you better interest on your savings without the need to manage multiple deposits.

What are sweep-in FDs and how do they work?

May 06, 2025 5:33 pm

A good emergency fund should be easy to access while earning decent returns. Sweep-in FDs, however, combine the best of both savings accounts and FDs by allowing you to earn higher interest while also keeping funds accessible.

Prepayment vs. Higher EMIs – Which is the right strategy for you?

February 27, 2025 12:58 pm

Increasing your EMIs accelerates principal repayment, cutting down interest costs and loan tenure

R Madhavan on financial literacy: ‘Great, successful men keep track of their own accounts’

February 22, 2025 3:27 pm

Starting your finance journey? Here are five key principles to keep your money safe.

The choice between callable FD and non-callable FD depends on your financial needs and investment goals.

Callable vs. Non-Callable Deposits: Which One Should You Choose?

February 17, 2025 1:13 pm

Callable FDs allow you to withdraw your deposit prematurely, but at a penalty which varies from bank to bank. Non-callable FDs, on the other hand, lock in your money until maturity and do not allow early withdrawals.

Loud budgeting: Gen Z’s bold new approach to spending smart and saying ‘no’

January 25, 2025 5:59 pm

While vocally turning down events subjects people to soft and hard statements from near and dear ones, it gives a boost to the idea of young adults making savvier spending decisions.