<ul><li>Taxpayers can claim deductions on premiums paid for medical insurance under Section 80D of the Income Tax Act to reduce their taxable income.</li><li>Section 80D allows deductions for medical insurance premiums for self, family members, and preventive health check-ups within specified limits.</li><li>Individuals below 60 years can claim up to Rs 25,000 deduction, while senior citizens can claim up to Rs 50,000 on medical insurance premiums.</li><li>Taxpayers must ensure to collect premium receipts, pay premiums correctly, and claim deductions accurately while filing their Income Tax Returns.</li></ul>

ITR Filing 2025: How To Claim Health Insurance Tax Benefits? Section 80D Deductions Explained

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