Is the tax benefit of paying premium of a health plan available for my in-laws?

The benefit is not available for health premium payment for in-laws

Is the tax benefit of paying premium of a health plan available for my in-laws?
Is the tax benefit of paying premium of a health plan available for my in-laws?
OLM Desk - 25 May 2017

Is the tax benefit of paying premium of a health plan available for my in-laws?

Ruchi Sharma, Chandigarh

The deduction towards the health premium payment can be availed only if it is paid against a health policy taken for self, spouse, dependent children and parents (section 80D). The benefit is not available for health premium payment for in-laws. To make a policy work for your in-laws, ask your spouse to take a policy which includes his parents to get them covered.

olmdesk@outlookindia.com

Advertisement*

Latest Issue

Outlook Money
April 2024

Askmoney



Advertisement*
Advertisement*
ADVERTISEMENT*