Mediclaim premium bifurcation...

This query is : Resolved 

30 November 2013 I have a Mediclaim policy from a government insurance company whose premium is about Rs.20,000. The deduction for the same is capped at Rs.15,000. My query is that could I and my wife pay Rs.10,000 each and claim the same as deduction in our respective ITRs. The policy is meant for the whole family.

01 December 2013 yes. you can do so.


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