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Mediclaim Policy: Save upto Rs.40,000/- u/s 80D addition to 1Lac

Deduction under section 80D is available for medical claim policy By individual for
family and HUF for their members . Other details regarding 80D and medical
insurance there under is given below
1. Addition to section 80 C:Section 80D is available other than 100000 deduction
available under 80C for life insurance,ppf,gpf ,tuition fee,ULIP,House loan
repayment etc.
2. Insurer covered: This deduction is available for medical claim policy which
should be framed in this behalf by
by GIC(General insurance Corporation) or by
any other insurer but approved by IRDA(Insurance Regulatory
Development authority)
3. Available to :Deduction is available to
Individual (resident or non resident ,Indian Citizen or foreign
HUF(Hindu undivided Family may be resident or non resident)
4. Mode of payment: Insurance Premium should be paid by any mode other than
by Cash .Means if insurance premium is paid by cash then no deduction is
available.Before Assessment year 2008-09 ,only payment by cheque was allowed
under this section but from Ay 2008-09 onwards the deduction is allowed by
other mode also like online payment which is now a days is very popular or by
credit card is also allowed.
5. Out of Income : The amount should be paid out of the income chargeable to tax.
6. Proposer of the policy is not must: The premium is to be paid to effect or keep
inforce insurance policy ,there is no condition that assessee should be the
proposer of the policy ,
7. Partly contribution : Assessee can partly contribute the premium amount but
amount should be paid directly to insurance company and paid through mode
other than by cash (see example)
8. Insurance cover on?: First deduction given below :Insurance Premium may be
paid for medical claim insurance policy for assessee himself or spouse or
dependent children or any combination of three.
9. Addition for parents: Second deduction given below:Insurance premium may
be paid for medical claim insurance for assessee parents (father or mother or
for both)
10. Deduction upto 40000: Theoretically ,maximum deduction can be claimed for Rs
40000.(detail as given below)
Amount Of deduction : Two type of Deductions are available to Individuals under
this section from Assessment year 2009-10
1. Deduction on Medical insurance premium paid for himself,spouse ,dependent
children =Rs 15000 maximum.
2. Deduction on Medical insurance premium paid for parents ,whether
dependent on assesee or not =Rs 15000 maximum
Deduction to HUF: Deduction to HUF is available on insurance premium paid for
policy taken for of any member of the HUF
Addition deduction for Resident Senior Citizen: In addition to two point above,
additional deduction of Rs 5000 is available where assessee or his spouse (wife or
husband) or dependent parents or any member of the family in case one and
father or mother is a resident in India and a senior citizen in case two.And same
in the case of HUF assessee if policy has been taken on member which is senior
citizen than additional Rs 5000/- deduction is available also to HUF.
Senior citizen means who is at least of 65 year of age or more at any time during
the previous year.
Example : An individual assessee pays (through any mode other than by cash)
during the previous year medical insurance premium as under
1. Rs 12000/- to keep in force an insurance policy on his health and on his wife
and dependent children
2. Rs 17000/- to keep in force an insurance policy on the health of his parents.
According to above provisions he will be allowed of Rs 27000/- (12000/ - +15000/- ) if
neither of his parents is senior citizen .however if any of his parent is a resident
senior citizen ,he will be allowed a deduction of 29000(12000 +17000) .whether the
parents is dependent or not is not a consideration for deciding the deduction
under section 80D(from assessment year 2009-10 )(previous year 2008-09)
Further, in the above example ,if cost of insurance on the health of the parents is
30000/- out of which Rs 17000/- is paid (by any non cash mode) by the son and rs
13000/- by the father (who is senior citizen), out of their respective taxable
income ,the son get the deduction of Rs 17000/- (in addition to deduction of Rs
12000/- for the medical insurance on self and family) and the father will get
deduction under section Rs 13000/-
(Example as given in Finance Act 2008)
Hope it will be now easy to understand the section 80D deduction.

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PME Due Date

Master Circular No. 25

Copy of Railway Board’s letter No. 69/H/3/11 dated 06.12.1974

Subject: Implementation of the Recommendations of the Visual Sub-Committee.

6. Periodical re-examination of serving Railway Employees:

6.l. In order to ensure the continued ability of Railway employees in Classes A l, A 2, A 3, B l and B 2 to discharge their duties with safety, they will be required to appear for re-examination at the following stated intervals throughout their service as indicated below:

6.1.1. Classes A l, A 2 and A 3 —At the termination of every period of three years, calculated from the date of appointment until they attain the age of 45 years, and thereafter annually until the conclusion of their service.

Note: (l) The staff in categories A l, A 2 and A 3 should be sent for special medical examination in the interest of safety under the following circumstances unless they have been under the treatment of a Railway Medical Officer.

(a) Having undergone any treatment or operation for eye trouble irrespective of the duration of sickness.

(b) Absence from duty for a period in excess of 90 days.

(2) If any employee in medical category A has been periodically medically examined at any time within one year prior to his attaining the age of 45, his next medical examination should be held one year from the due date of the last medical examination and subsequent medical examination annually thereafter.

If, however, such an employee has been medically examined, at any time earlier, than one year prior to his attaining the age of 45, his next medical examination should be held on the date he attains the age of 45 and subsequent medical examination annually thereafter.

Ammendment: It was ammended in 1993 as below

Age Group PME Due

Age 00-45 every 4yrs

Age 45-55 every 2yrs

Age 55-60 every year
As per Rly Bd's Guideline of Medical Exam issued vide LNo. 88/H/5/12 dated 24-01-1993

a) PME would be done at the termination of every period of 4 years from date of appointment / Initial medical Exam till the date of attainment of age of 45 years, every 2 years upto 55 years & there after annual till retirement.
b) Employees who has been periodically examined at any time within 2years prior to his attaining the age of 45years would be examined after 2years from the date of last PME & subsequent PME for every 2years upto 55years age.Of

NRMU 4 you

6.1.2. Classes B-1 and B-2—On attaining the age of 45 years, and thereafter at the termination of every period of five years.