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of <h1>Finance Bill 2012: Section 80D Amended for Health Check-Up Deductions, Lowers Senior Citizen Age to 60</h1> Clause 25 of the Finance Bill, 2012 amends section 80D of the Income-tax Act, effective April 1, 2013. It allows deductions for preventive health check-ups up to five thousand rupees for self, spouse, dependent children, or parents, within existing limits. Payments for preventive check-ups can be made by any mode, including cash, while other payments must be non-cash. The amendment also lowers the age defining a senior citizen from sixty-five to sixty years for higher deduction eligibility. These changes apply from the assessment year 2013-2014 onward.
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