Save Tax With Preventive Health Check-up

Under Section 80D of the Income Tax Act, every taxpayer can claim a deduction of upto Rs 5,000 per financial year for preventive health check-ups.

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Section 80D: Health Insurance Deductions

1. Upto Rs 25,000 for health insurance premiums paid for yourself, your spouse, and dependent children.

2. Upto Rs 25,000 for health insurance premiums paid for parents with the limit going upto Rs 50,000 for senior citizens.

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Deduction For Preventive Health Check-up

You can claim tax deductions of upto Rs 5,000 for yourself, your spouse, and dependent children, as well as Rs 5,000 for your parents separately under the earlier mentioned bracket of Rs 25,000 and Rs 50,000.

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Get A Preventive Health Check-up: Step 1

Identify a recognized preventive health checkup centre empanelled by your health insurance company.

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Get A Preventive Health Check-up: Step 2

Choose a preventive health checkup package that suits your needs.

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Get A Preventive Health Check-up: Step 3

Pay for your chosen preventive health checkup package and ensure that you receive a receipt for the payment.

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Get A Preventive Health Check-up: Step 4

Schedule an appointment, reach the hospital on time and get your tests done.

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Get A Preventive Health Check-up: Step 5

Once you get the reports, keep them safe to claim tax benefits under Section 80D.

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Save Tax Under Section 80D: Step 1

When you file your tax returns, include the cost of your preventive health check-up. You can claim deductions for upto Rs 5,000 per financial year for this.

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Save Tax Under Section 80D: Step 2

Although you’re not required to submit any documents to claim tax deductions under Section 80D, it is advisable to keep all the documents and receipts safe.

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