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Section 80D – Deduction In Respect Of Health Insurance Premium

The Income Tax Act has provided for certain deductions while computing the total income of the assessee. Medical Insurance Premium paid under section 80D of the Income Tax Act is one of the many deductions allowed. This deduction plays a dual role. It not only helps assessees to reduce their taxable income but also promotes … Read moreSection 80D – Deduction In Respect Of Health Insurance Premium