Premium for insurance on health of employees - (New) Section 30(c) / (Old) Section 36(1)(ib)

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Full Text of the Document

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....th insurance of employees, while computing taxable income under section 26. • 1. Who can claim? • Only the employer (not employees individually). • 2. Type of expense • Premium paid to: • Take a new health insurance policy, or Continue (renew) an existing policy for employees. • 3. Mode of payment • Mus....