Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Tuesday, 19 December 2017

Section 80DD - Tax Deduction for supporting a disabled dependent


Section 80DD deduction is available for medical treatment and/or maintenance of disabled dependent



Life insurance policies are not covered under Section 80DD. This section is meant to cover the medical treatment and/or maintenance of the disabled. The deduction allowed is Rs 75,000 (if disability is 40% or more) or Rs 1,25,000 (if disability is 80% or more). Any expenditure that you incur towards his treatment and care, such as medicines, hiring an attendant, etc. can be claimed.


The premium on his medical insurance policy can also be claimed. In addition, policies such as Jeevan Adhaar, which provide a regular income for the maintenance of the disabled after you, are also covered under Section 80DD.


Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGet Rich on 94 8300 8300


Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300


 

No comments:

Post a Comment

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications