Tax relief on medical costs for senior citizens lacking health insurance
Senior citizens who are residents and do not have health insurance coverage are eligible to claim a tax deduction reaching ₹50,000 for qualifying medical expenditures. This tax benefit applies strictly to the actual medical costs paid throughout the financial year. Individuals can file for this deduction based on their own healthcare bills, or children may claim it for medical payments made on behalf of their parents who are senior citizens without insurance.
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