Dear Sir,
I would like to know that, what is the mimimum income of dependent parent. I have included my parents and my unmarried sister as my dependent. I am working in a nationalized bank and my father is having a small business in my hometown.
Please guide regarding the minimum income criteria of dependent as per guidelines.
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Minimum income of Dependent
Replies (1)
The parents health insurance purpose deals with sec 80D upto 30000 p.a. for allowing deduction in the income.
For LTC/ Transfer TE/ Medi claim the dependent's mly income should not exceed Rs 6500.
For LTC/ Transfer TE/ Medi claim the dependent's mly income should not exceed Rs 6500.
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