Medical Income Limits 2024 Family Of 5 Lakh

Medical Income Limits 2024 Family Of 5 Lakh. For complete details and guidelines please refer income tax act, rules and notifications. June 27, 2024 / 12:52 ist.

The cost of treatment for common ailments that require hospitalisation has more than doubled in five years. If the basic tax exemption limit is hiked to rs 5 lakh from the current rs 3 lakh in the upcoming budget, as expected, taxpayers whose taxable income is under rs 8.5.