![]() ![]() Expenditure on Selected Medical Treatment for self/ dependent.Medical Treatment of handicapped Dependent.Medical Insurance premiums (for Self or parents). ![]() There are several cases where you can claim tax deductions like buying medical insurance, etc. #Tds working sheet in excel how to#In case you are new to taxes and investment do read our helpful guide on How to take maximum advantage of Section 80C and choose the best investment to save tax. Section 80C offers more than 10 investments where you can invest to save tax, However many a times you need not actually do this investment as its already covered due to expenses like children tuition fee or automatic EPF deduction for salaried. The only change was the interest earned on contribution of more than Rs 2.5 Lakh in a year through EPF or VPF would be added to the income and taxed at marginal tax rate. There was No major changes in income tax in Budget 2021.
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