Deduction u/s 80d
This query is : Resolved
arun laxman gaikwad
(Querist)
24 June 2015
Dear Sir
For Fin year 2015-16 :
Pl clear how much is the deduction we can avail u/s 80D Medical insurance premium ?
Also
Beyond 150000 u/s 80C. What are the other options of investments to save income tax ?
Also pl explain about NPS.
Thanks
Arun
For Fin year 2015-16 :
Pl clear how much is the deduction we can avail u/s 80D Medical insurance premium ?
Also
Beyond 150000 u/s 80C. What are the other options of investments to save income tax ?
Also pl explain about NPS.
Thanks
Arun
CMA Ramesh Krishnan
(Expert)
24 June 2015
80 D limit is Rs.15000 for self/spouse/children & additional Rs.15000 is for parents
Sec.80C maximum deduction is Rs.1.50 lakhs only.
Sec.80C maximum deduction is Rs.1.50 lakhs only.
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