The CBDT has changed the format of
Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May 2019. This Format is more explore the
employee’s Salary Details.
Monday, 18 November 2019
Sunday, 17 November 2019
Saturday, 16 November 2019
Wednesday, 13 November 2019
Tuesday, 12 November 2019
Monday, 11 November 2019
Sunday, 10 November 2019
Section 80D of Income Tax allows you to claim
income tax benefits. Let’s try to check out detail about Section 80D and Health
Insurance.
Health-related problems or medical emergencies can
arise anytime. If you are not prepared to withstand a health emergency, you will
need to spend money from your pocket. Recently my friend was diagnosed with
skin cancer. He was not covered with any health insurance. He spent hefty 2.3
Lakh from his pocket. His entire saving was spent on the treatment.
The learning from this example is one should always
buy an adequate health insurance policy, which can help them in a health
emergency. Our Government also encourages people to buy sufficient medical
insurance policy. You can get tax benefits under Section 80 D for the premium
paid for the health insurance policy.
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