Medical Income Limits 2024 Family Of 5 Lakh

Medical Income Limits 2024 Family Of 5 Lakh.  — explore section 80d of the income tax act to understand deductions available for medical and health insurance premiums. If the basic tax exemption limit is hiked to rs 5.

 — if you purchase health insurance, you can avail deductions up to rs.25,000 under section 80d for yourself and your family (rs.50,000 if the insured is 60 years or older) and up.  — the limit of mudra loans will be enhanced to ₹ 20 lakh from the current ₹ 10 lakh.