BUDGET 2025 80D

Income tax in Budget 2025: Why section 80D limit for health insurance premium must be raised and allowed in new tax regime

For general citizens below the age of 60 years, the limit for 80D deduction was raised from Rs 15,000 to Rs 25,000 in budget 2015 and it has not changed since then. For senior citizens the deduction limit was raised from Rs 30,000 to Rs 50,000 in the budget 2018.