Pre-budget comment by Dr Pratim Sengupta, Senior Nephrologist and MD & CEO, Nephro Care India Limited
Section 80DDB of the Income Tax Act allows taxpayers to claim deductions for the expenses incurred on the treatment of certain critical illnesses including chronic renal failure, neurological disorder, AIDS and malignant cancers. Under this, individuals under 60 can claim deductions up to Rs 40,000, while senior citizens have a higher cap at Rs 1,00,000. […]
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