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High medical inflation calls for higher tax deductions for medical expenses, say experts

Tax deductions for health insurance premium payments and medical expenses under Sections 80D, 80DD and 80DDB need to be hiked to adjust for inflation, in Interim Budget 2024

Chetan chandakSudhir kaushikIncome taxBudget 2024Tax deductionHat deductions can senior citizens claimEduction for medical expensesEduction for insurance premiumDeduction for health insuranceSection 80dEction 80 deductionsEductions under new regime

Budget 2024: Tax deductions for medical purposes should be liberalised, say experts

The deduction limits for some medical expenses under sections 80D, 80DD and 80DDB need to be revised to account for inflation.

Sudhir kaushikChetan chandakIncome tax actBudget 2024Tax deductionHat deductions can senior citizens claimEduction for medical expensesEduction for insurance premiumDeduction for health insuranceSection 80dEction 80 deductionsEductions under new regime

Budget 2024: Tax deductions for medical purposes should be liberalised, say experts

The deduction limits for some medical expenses under sections 80D, 80DD and 80DDB need to be revised to account for inflation.

Sudhir kaushikChetan chandakIncome tax actBudget 2024Tax deductionHat deductions can senior citizens claimEduction for medical expensesEduction for insurance premiumDeduction for health insuranceSection 80dEction 80 deductionsEductions under new regime

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