Tax Calculator to find maximum income tax deduction eligible upto Rs. 1,00,000 under Section 80D for AY 2020-21 covering the expenses related to Health insurance premium paid, Preventive health check-up fees paid, Medical Expenditure paid for self, spouse or children, either of parents
Health insurance cover for self and family premium paid not only buys the health cover but also help in saving your taxes.
For Assessment Year 2018-19, 2017-18
For the assessment year 2019-20, the limit for senior and super senior citizen is increased to Rs.50,000 so tax payer get maximum benefit of Rs.1,00,000
For the assessment year 2019-20 medical expenditure deduction is applicable for both senior and super senior citizen
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