How you can save tax under Section 80D on medical grounds

How you can save tax under Section 80D on medical grounds

For a senior citizen who has stopped working every rupee saved is like a rupee earned. This is where Section 80D of the Income-tax Act, 1961 is an important tax saving clause that every senior citizen needs to understand. This section empowers senior citizens to claim deductions on medical insurance premiums. A senior citizen who…