Mediclaim benefit


This query is : Resolved 

(Querist)
25 July 2014 I have completed 60 year as on 30/04/2013 and paid mediclaim premium for two years Rs. 43752/-. I want to know (1) whether my exempted limit would be Rs. 2.5 lacs? (2) whether i will get benefit of mediclaim paid two year? and (3) ITR 1 system calculation is showing Rs. 35000/- as mediclaim deduction is it o.k.

Kirti Shah

25 July 2014 1. ur exemption limit from next yr is 3,00,000 as per buget 2014

2.u will get only for 1 year

3.yes corerct allowed.

25 July 2014 1. ur exemption limit from next yr is 3,00,000 as per buget 2014

2.u will get only for 1 year

3.yes corerct allowed.

25 July 2014 1. ur exemption limit from next yr is 3,00,000 as per buget 2014

2.u will get only for 1 year

3.yes corerct allowed.

25 July 2014 Exemption limit for AY 2014-15 must be 2.7 lac, if ur Total Income is not more than 5 lac.


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