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Worried about how can you save your tax with Medical Insurance?
Let's Understand how Medical Expenditure Deductions will help you to save your tax

Today we are going to discuss Section 80DDB - Deduction towards Medical Expenditure
Here you can claim deductions for the expenses incurred on specified diseases, for self & for dependant relatives.

You can claim the deductions for an individual as well as HUE
Before claiming this deduction, we need to understand the 2 categories of ""Senior Citizen' & 'Non-Senior Citizen'.
In the first scenario, if the expenses are spent on self and/or dependant relatives and their ages' below 60 years, then they fall under the 'Non - Senior Citizen' category.
In such a scenario, you can claim a deduction up to Rs. 40,000


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