Mediclaim insurance premium


This query is : Open 

(Querist)
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.

Sathish M (Expert)
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.


Prashant (Querist)
24 March 2016 thanks Sir.


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