80D Deduction Calculator

## What is the 80D Deduction Calculator? The Section 80D Calculator computes your health insurance premium deductions under Section 80D of the Income Tax Act. This section allows deductions for premiums paid towards health insurance for yourself, spouse, children, and parents. The deduction limits vary based on whether the policy is for a young adult, senior citizen, or a floater plan. ## Formula Used 80D Deduction Limits (FY 2025-26): Self/Spouse/Children (excluding senior citizen policies): - Standard: Rs 25,000 - Senior citizen: Rs 50,000 Parents (whether dependent or not): - Standard: Rs 25,000 - Senior citizen: Rs 50,000 Preventive health check-up: Rs 5,000 (within total limit) Maximum deduction: Rs 1,00,000 (if both self and parents are senior citizens) ## Worked Example Self/Family premium: Rs 20,000 (age 35 - standard Rs 25,000 limit) Parent premium: Rs 25,000 (age 60 - senior citizen Rs 50,000 limit) Health check-up: Rs 5,000 Self/Family: Rs 20,000 (within Rs 25,000 limit) Parents: Rs 25,000 (within Rs 50,000 limit) Check-up: Rs 5,000 (within overall limit) Total 80D = Rs 50,000 Tax saved at 30%: Rs 15,000 ## Frequently Asked Questions 1. What is the maximum deduction under Section 80D? The maximum 80D deduction is Rs 1,00,000 per year. This applies when you pay Rs 25,000 for yourself and Rs 25,000 for a senior citizen parent, plus Rs 25,000 for a senior citizen spouse. 2. Can I claim 80D for health insurance of my parents? Yes, you can claim 80D for premiums paid on health insurance for your parents, regardless of whether they are financially dependent on you. 3. Is 80D available under the New Tax Regime? No, Section 80D is NOT available under the New Tax Regime. The New Regime removed all individual deductions except 80CCD(1b) for NPS. 4. Are preventive health check-up costs included in 80D? Yes, expenses on preventive health check-ups up to Rs 5,000 per year are included within the overall 80D deduction limit. 5. What is the difference between individual and floater health insurance plans for 80D? Both individual and floater plans qualify for 80D. For a floater plan covering the entire family, the deduction limit is still Rs 25,000 (or Rs 50,000 if a member is a senior citizen), not multiplied by the number of people covered.