How Not to Lose Tax Benefits with Your Health Insurance Policy
You already know that your health insurance policies can save you from the heavy expenses of hospitalization and other health issues when they occur. However, did you also know that they can provide you with tax benefits, too? Yes, you read that right. Under Section 80D of the Income Tax Act, citizens of India can earn a tax rebate just by having a health insurance policy. However, there are certain situations when an insured person won’t get those tax benefits. We tell you all about them here.
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