4 Tax Benefit Tricks for Senior Citizens
Medical Insurance Premium
This is an important area where every senior citizen can be benefitted, as the amount paid as medical insurance premiums are tax exempted. The highest limit for this exemption is 
20,000.
But this was not exactly implemented in many cases. Even though individuals qualified as senior citizens, on the overall tax front, they were not eligible for the higher amount of deduction for the medical insurance premium. But in this coming financial year, they won’t have to suffer such situation.
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