Budget 2011: Health Insurance premium deduction should be increased to Rs 25000, says ASSOCHAM

Industry body ASSOCHAM, said Association of Health Insurance premium deduction under section 80 D should be increased to Rs 25000 from Rs 15000.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) in its pre-budget memorandum recommended that the deduction (under section 80D) in respect of medical insurance premium of an individual or his family should be raised to Rs 25,000 from Rs 15,000.

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