15 December 2010
There is a query regarding mediclaim provided by employer.
The employer has purchased mediclaim in the name of its own. The beneficiaries are the employees. The terms are that employer will pay 50% insurance premium & balance 50% premium will be recovered from the employee’s salary every month. My question is that can employee claim deduction u\s 80D in respect of insurance premium recovered from his salary??
16 December 2010
Sir, Kindly tell the employer to produce a certificate from the insurance company for payment of premium in the name of the employee. Then employee can claim deduction