Tax-saving tip: Section 80D of the Income Tax Act offers deductions for medical insurance premiums, contributions to health schemes, and more. But remember, only payments made through digital modes or cheques are eligible for these benefits! 🏥💡 For additional information, reach out to us at [email protected] or visit indiafilings.com #TaxPlanning #Section80D #IncomeTax #FinancialEducation #TaxSavings #MedicalExpenses #HealthInsurance #SmartFinance #TaxTips #DigitalPayments | IndiaFilings.

5K views · 28 reactions | Cabinet has approved amendments to the Income Tax Act to allow disaster relief honorarium paid by employers to be treated as non-taxable during formally declared disaster periods. Drafting instructions have also been issued to the Chief Parliamentary Counsel to give effect to the new regime. The announcement was made by Finance Minister Hon. Fayval Williams during yesterday's (Dec. 9) sitting of the House of Representatives. | Jamaica Information Service | Facebook