Medical Tax Relief
Section 80D Health Insurance Calculator
Section 80D of the Income Tax Act provides deductions for health insurance premiums paid for yourself, your spouse, dependent children, and senior citizen parents up to an aggregate ceiling of ₹1,00,000 per financial year under the Old Tax Regime.
Insurance Premium Details Section 80D
Deduction Summary
Total Section 80D Deduction
₹ 70,000
Self, Spouse & Kids Deduction:
₹ 25,000
Parents Insurance Deduction:
₹ 45,000
Maximum Potential Combined Cap:
₹ 1,00,000
Section 80D Statutory Limits Breakdown
| Category | Self & Family (< 60 Yrs) | Self & Family (Senior 60+) |
|---|---|---|
| Parents < 60 Years | ₹25,000 + ₹25,000 = ₹50,000 | ₹50,000 + ₹25,000 = ₹75,000 |
| Parents Senior Citizens (60+) | ₹25,000 + ₹50,000 = ₹75,000 | ₹50,000 + ₹50,000 = ₹1,00,000 |