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TAX BENEFITS NEWS

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.

Secure your daughter’s future with Sukanya Samriddhi Yojana: All you need to know

December 13, 2024 10:03 am

Offering tax benefits, guaranteed returns, and a sovereign guarantee, SSY is among the safest investment options available today.

Govt likely to propose removing long-term tax benefits for debt mutual funds: Report

March 24, 2023 10:57 am

The proposed changes are likely to be part of the finance bill amendments that could be tabled in the parliament today.

How to make the most of tax benefits by investing in insurance products

February 25, 2022 5:32 pm

It’s always great to get an early start on your annual investment portfolio, especially when it comes to tax saving. However, in case you are yet to sort out your investment decisions, this window is just the ideal opportunity for you to do so.

Union Budget 2021: All the personal tax benefits explained

February 02, 2021 12:40 pm

The FM sought to stay away from popular measures and chose to ease operational challenges in line with one of the pillars which is “Minimum government with maximum governance”.

Amfi pitches for debt-linked saving schemes with tax benefits in Budget proposal

January 16, 2020 5:55 pm

In its Budget proposals to the Finance Ministry, the industry body has also demanded that the government recognise mutual funds (MFs) as specified long-term assets, qualifying for Long-Term Capital Gains (LTCG), as well as bring ULIPs of life insurance companies and equity MF schemes on par.