Deductions of health insurance premium paid by the taxpayer up to INR 25,000 for self, spouse, and children
The limit for senior citizens is INR 50,000.
Senior citizens above the age of 80 can seek a deduction of INR 50,000 towards their medical expenditure.
An amount of INR 5,000 per family can be claimed as preventive health checkup expenses. However, this is not over and above the individual limits specified.
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