Mediclaim insurance premium
This query is : Open
24 March 2016
I need to know what is the maximum exemption limit of premium for individual and senior citizen during fy 15-16 and fy 16-17.
24 March 2016
For Financial Year 2015-16 an Individual who has not attained the age of 60 years - Deduction under section 80 D is Rs. 15000 and for Financial Year 2016-17 it is Rs. 25000.
For Financial Year 2015-16 in case of a senior citizen - Deduction under section 80 D is Rs. 20000 and for Financial Year 2016-17 it is Rs. 30000.
For Financial Year 2015-16 in case of a senior citizen - Deduction under section 80 D is Rs. 20000 and for Financial Year 2016-17 it is Rs. 30000.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- DUE DATE FOR ITR FILING
- GST ISD Query on various AMCs
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Short Term Gain Reporting ITR
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Rent claimed on building given on permissive possession basis
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
