Is the tax benefit of paying premium of a health plan available for my in-laws?
—Rohit Jain
The deduction towards the health premium payment can be availed only if it is paid against a health policy taken for self, spouse, dependent children and parents (section 80D). The benefit is not available for health premium payment for in-laws.
I am unmarried and live with my parents (senior citizens). My father’s salary was about Rs15 lakh and my annual salary was about Rs7 lakh during the FY 2016-17. Our employers have deducted the required taxes on our salary income. Is it still compulsory to file a tax return? Can we file tax return jointly as a family instead of doing so individually?
—Naresh Malviya
