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of <h1>Income-tax Act Section 80DDB updated: Increased deduction limits, new definitions, and insurance adjustments for medical expenses.</h1> Section 80DDB of the Income-tax Act is amended effective April 1, 2000. The term 'incurred' is replaced with 'actually incurred,' and the deduction limit is increased from fifteen thousand to forty thousand rupees. Additional provisos state that deductions are reduced by any insurance received for medical treatment, and for senior citizens, the deduction limit is raised to sixty thousand rupees. The explanation defines 'dependant,' 'insurer,' and 'senior citizen,' with the latter being an individual aged sixty-five or older during the relevant year.
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