Employee health insurance premium deduction available to employers when paid by non-cash mode and through approved insurers. Deduction is available to an employer for premium paid on health insurance of employees, whether for a new policy or renewal, if the payment is made otherwise than in cash. The claim belongs to the employer and the insurance must be obtained from the specified public insurer category or another insurer approved by the regulatory authority. The note also records that no monetary ceiling applies to the deduction under the earlier provision.