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What are the tax benefits available on health insurance?

The premiums paid by you can be considered eligible for tax benefits as available under the provisions of Section 80C, and 10D as applicable.

  • Section 80C: Under this Section, a deduction of Rs 1,50,000 can be claimed from your total income.
  • Section 10D: Any amount received under an insurance policy including the amount allocated on bonus on the policyis exempted from tax.
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