Income tax in Budget 2025: Why section 80D limit for health insurance premium must be raised and allowed in New Tax Regime

Budget section 80D: Rising healthcare costs have become a pain point for taxpayers and they demand an increase in tax deduction under section 80D for health insurance premium. However, post COVID there is a surge in the health insurance costs and the need for larger coverages has increased. Read below to know why a strong case for increase in section 80D limit makes sense.

from Tax-Wealth-Economic Times https://ift.tt/diPmQ7v