Need A Financial Product › Forums › Tax Savings › How much tax deduction is allowed for family floater policy › How-much-tax-deduction-is-allowed-for-family-floater-policy_REPLY
October 29, 2014 at 3:00 am
#48129
samkapoor77Keymaster
A benefit in this regard can be availed in single policy as well. If your parents are senior citizen, eligible amount for combined premium is Rs. 35,000. In case of non-senior citizen parents, eligibility on combined premium is Rs. 30,000.