Employer-funded medical expenses broadened to approved hospitals and direct payments; exemption limit increased and nursing homes included. The proviso to clause (2) is amended to treat as non-taxable sums paid by an employer for medical expenditure actually incurred by the employee or family ... Summary
Employer-funded medical expenses broadened to approved hospitals and direct payments; exemption limit increased and nursing homes included.
The proviso to clause (2) is amended to treat as non-taxable sums paid by an employer for medical expenditure actually incurred by the employee or family members in government, local authority, or Government-approved hospitals, and sums paid directly to hospitals approved by the Chief Commissioner under prescribed guidelines for treatment of specified diseases; additionally, the monetary ceiling in clause (vi) is increased from one lakh rupees to two lakh rupees and "or a nursing home" is inserted after "or a clinic".
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