Huge savings of ₹75,000 on health insurance
Health insurance is not only useful in case of illness, but is also a great way to save tax. There is a discount of up to ₹ 25,000 on self and family insurance. If your parents are above 60 years of age and you pay their premium, you can get an additional rebate of ₹50,000. Overall profit can be Rs 75,000. The only condition is that the payment should be made before March 31.