Cholamandalam MS has recently launched a new health policy called “Chola Tax Plus Health line” which helps the individual to avail the maximum benefit of Rs. 35,000 under section 80D of the Income Tax Act, 1961.
Now, under section 80D of the Income Tax Act, 1961, an individual can claim tax deduction upto Rs. 15,000 for premium paid for self, spouse and children and another Rs. 15,000 for premiums paid for parents and if senior citizen than the limit of Rs. 15,000 is up warded to Rs. 20,000....
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