https://www.taxtmi.com/news?id=19547 Amendment increases the health insurance deduction for senior citizens, covering annual premiums and preventive health check ups, and allows medical expenditure for very senior citizens. Single premium multi year health policies qualify for deduction on a pro rata basis for the years of cover, subject to the prescribed monetary limit. These changes take effect from 1 April 2019 and apply to the assessment year commencing thereafter. en-us Mon, 05 Feb 2018 11:00:46 +0530 Mon, 05 Feb 2018 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19547 Amendment increases the health insurance deduction for senior citizens, covering annual premiums and preventive health check ups, and allows medical expenditure for very senior citizens. Single premium multi year health policies qualify for deduction on a pro rata basis for the years of cover, subject to the prescribed monetary limit. These changes take effect from 1 April 2019 and apply to the assessment year commencing thereafter. News - Mon, 05 Feb 2018 11:00:46 +0530 https://www.taxtmi.com/news?id=19547