24 March 2016
For Financial Year 2015-16 an Individual who has not attained the age of 60 years - Deduction under section 80 D is Rs. 15000 and for Financial Year 2016-17 it is Rs. 25000.
For Financial Year 2015-16 in case of a senior citizen - Deduction under section 80 D is Rs. 20000 and for Financial Year 2016-17 it is Rs. 30000.