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Calculate health insurance premium deductions for individuals and families under Section 80D of the Income Tax Act.
Section 80D of the Income Tax Act allows individuals and Hindu Undivided Families (HUF) to claim deductions on the health insurance premiums they pay for themselves and their family members. It covers not only the cost of health insurance but also preventive health check-ups for the taxpayer, their spouse, dependent children, and parents.
The deductions are subject to specific limits with the maximum deduction ranging from Rs 25,000 to Rs 1,00,000. It depends on the factors like the age of the insured persons. These deductions help lower your taxable income and allow you to maximize your savings.
With our 80D Tax Deduction Calculator, you can easily estimate how much of your income can be saved through these exemptions.
Chartered ONE’s calculator helps you to estimate the total tax benefit you can claim under Section 80D. The tool requires basic inputs such as:
Using the calculator is easy:
The calculator instantly displays the total deductions you can claim under Section 80D, helping you maximize your tax savings.
Our Section 80D Calculator is designed to assist both individuals and HUFs in computing their health insurance premium deductions. It includes premiums on your own self, spouse, dependent children, and parents who are or are not senior citizens. By entering the relevant details, this calculator provides an estimate of the total tax deduction you are eligible to claim under Section 80D. It is a simple way to figure out what portion of your earnings is tax-deductible while maintaining your family health security.
We provide expert guide also guaranteed maximum refunds on your income tax returns, with additional expenses from you.
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Here are some common questions we receive from our customers. If you have any additional questions, please don’t hesitate to contact us.
The 80D Tax Deduction Calculator is an online tool that helps taxpayers calculate the deductions they can get under Section 80D of the Income Tax Act. It allows you to estimate tax exemptions for health insurance premiums and preventive health check-ups. Check out our 80D Tax Deduction Calculator to find out the maximum savings you can claim for medical insurance!
Individuals and HUFs who pay health insurance premiums for themselves, their spouse, children or parents can use this calculator to estimate their deductions.
You need to provide your age, the amount paid for health insurance, the age of your parents, and any amount spent on preventive health check-ups.
Yes our 80D calculator allows you to enter the details of senior citizen family members and it will apply the higher deduction limit for them.
The maximum de is Rs 1,00,000 of your are covering senior citizen parents and yourself. This includes Rs 50,000 for senior citizen parents and Rs 25,000 for your own health insurance (if you are under 60).
Yes, you can claim up to Rs 5,000 for preventive health check-up expenses. But this amount is included in the overall limit for health insurance premium deductions.
No you cannot claim deductions under Section 80D for health insurance premiums paid for your in-laws. The deduction is available only for your parents, spouse and children.
Under new tax regime, taxpayers are not eligible to claim deductions under Section 80D. You need to choose the old tax regime to benefit from 80D deductions.
Yes the Chartered ONE 80D Calculator is completely safe to use. It does not require personal information and does not store your data. You can use this calculator without worry as it ensures privacy and security.
