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How much can I save U/S 80D to minimise my Tax Burden

Answer Posted / srinivas siripuram

Two type of Deductions are available to Individuals under
this section from Assessment year 2009-10

Deduction on Medical insurance premium paid for
himself,spouse,dependent children =Rs 15000 maximum.
Deduction on Medical insurance premium paid for
parents ,whether dependent on assesee or not =Rs 15000
maximum

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