Earlier in FY 2017-18
Section 80D Deduction available of
25000 for Family + 25000 for Parents
If senior citizen ,then 30000 Deduction
Now in FY 2018-19
Section 80D Deduction available of
25000 for Family + 25000 for Parents
if senior citizen,limit increased to 50000
SUMMARY
Deduction for 80D
| CASE | Earlier | Now |
| If Below 60 | ||
| Self and Family | 25000 | 25000 |
| Parents | 25000 | 25000 |
| If Parents more than 60 | ||
| Self and Family | 25000 | 25000 |
| Parents | 30000 | 50000 |
| If Self and Parents both more than 60 | ||
| Self and Family | 30000 | 50000 |
| Parents | 30000 | 50000 |
Example
| Particulars | Case 1 | Case 2 | Case 3 | Case 4 |
| Income from Salaries | 400000 | 400000 | 400000 | 400000 |
| Medical Insurance Made | ||||
| Self | 8000 | 8000 | 8000 | 27000 |
| Wife | 8000 | 8000 | 8000 | 27000 |
| Children | 8000 | 8000 | 27000 | |
| Father (Senior Citizen) | 8000 | 42000 |
Earlier FY 2017-18
| Particulars | Case 1 | Case 2 | Case 3 | Case 4 |
| Income from Salaries | 300000 | 300000 | 300000 | 300000 |
| Income from other sources | 0 | 0 | 0 | 0 |
| Less Deduction under chapter VI-A | ||||
| For Family | 16000 | 16000 | 24000 | 25000 |
| For Parents | 8000 | 8000 | 30000 | |
| Total Deduction | 16000 | 24000 | 32000 | 55000 |
| Net Total Income | 284000 | 276000 | 268000 | 245000 |
Now FY 2018-19
| Particulars | Case 1 | Case 2 | Case 3 | Case 4 |
| Income from Salaries | 300000 | 300000 | 300000 | 300000 |
| Income from other sources | 0 | 0 | 0 | 0 |
| Less Deduction under chapter VI-A | ||||
| For Family | 16000 | 16000 | 24000 | 25000 |
| For Parents | 8000 | 8000 | 42000 | |
| Total Deduction | 16000 | 24000 | 32000 | 67000 |
| Net Total Income | 284000 | 276000 | 268000 | 233000 |
