Deduction in salary
Girikumar (ca) (21 Points)
02 July 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 02 July 2024
Yes, Mediclaim or health insurance premiums deducted from your monthly salary are eligible for tax deduction under Section 80D of the Income Tax Act, 1961 in India.