Saving tax while taking care of your health is one of the wisest financial decisions one can make. Owing to the rising medical expenses in India and lifestyle-related health risks, tax saving preventive healthcare has become a crucial step, now more than ever. Today, a tax saver health checkup package can not only help you monitor your complete health but also help you claim tax benefits under Section 80D of the Income Tax Act, 1961.
Read along as we explore the benefits, cost, and booking process of a Tax Saver Package in India and how it can help you maximise savings on tax.
What is a Tax Saver Package?
A tax saver health check is a detailed blood test package that comes along with tax-saving benefits. It is a comprehensive preventive health checkup designed to evaluate overall health. The package covers all vital tests, including blood sugar, cholesterol, kidney & liver function, thyroid profile, ECG, and more.
The main advantage of the tax saver package is that the amount you spend can be used for tax deduction under Section 80D. This makes it an excellent choice for health and finances.
Benefits of a Tax Saver Health Checkup Package
A tax saver health checkup package can help with the following:
- Tax Savings Under Section 80D
As per Section 80D, people can claim deductions for preventive health checkups.
- Up to ₹5,000 per year for individuals when spent on preventive health checkups
- Overall limit of up to ₹25,000 for self, spouse, and children
- Up to ₹25,000 for individuals under 60 years and up to ₹50,000 for senior citizens
- Early detection of health risks
Regular health checkups can identify potential health issues like hypertension, elevated cholesterol levels, diabetes, heart disease, and thyroid disorders in their early stages. Early diagnosis can help ensure timely treatment to prevent complications.
- Complete Overview of your Health
With the help of multiple diagnostic tests in a tax saver package, individuals can get a complete overview of their health.
Cost of a Tax Saver Package
The cost of a tax saver package depends on various factors, including the healthcare provider, the number of tests included, and the location. However, on average, a tax saver health check ranges between ₹2,259 and ₹6,000.
Premium tax saver health check packages may cost more if they include advanced imaging tests and personalised health reports. However, even a higher-priced package will be valuable for tax benefits due to Section 80D.
Before booking a tax saver health checkup, always make a note of the following:
- Number of tests included
- Accreditation of the diagnostic center (NABL accredited)
- Home Sample Collection Facility
- Accuracy of reports
- Highly skilled phlebotomist
Choosing a reliable provider can help you get accurate results and reliable healthcare support.
How to Book a Tax Saver Package Under Section 80D
Booking a tax saver health check package is simple if you follow the steps given below:
Step 1: Choose a trusted Diagnostics Service
Select a reputed NABL- accredited lab that specifically offers a “Tax Saver Health Package.”
Step 2: Select the right package
Pick a suitable health package that covers all the vital tests eligible for tax benefits
Step 3: Schedule the test
Book online for home sample collection
Step 4: Sample collection and payment
A skilled phlebotomist will collect samples at your home. You must ensure to receive a tax-compliant invoice.
Step 5: Receive the report online
Step 6: Claim tax benefit
Use the invoice to file for Income Tax Returns under Section 80D
Required Documents for Claiming Benefits Under Section 80D
To claim deductions, you must have the following documents:
- The original payment receipt
- Invoice from the diagnostic center
- Proof of payment (up to ₹5000 allowed in cash)
- Health checkup report
Tax authorities usually ask for these documents for verification before approving the claim for benefits.
Conclusion
A tax saver package under section 80D is more than just a tax-saving option. It is a smart step towards preventive healthcare. By investing in a regular health checkup, you can get a complete picture of your health.
With the Ayushman Tax Saver Health Check, you can get a complete body checkup, covering 92 tests including Complete Blood Count, Sugar (HbA1c), Lipid Profile, Liver & Kidney Function Tests, Thyroid Panel, Vitamin D & B12, and more. The package also provides a convenient home sample collection by skilled phlebotomists, delivering accurate digital reports in just 18 hours.
If you are looking for an affordable, trusted, and Section 80D-compliant health check, the Ayushman Tax Saver Health Check is the best choice. Take charge of your health today, so you can save on expensive future medical bills and taxes tomorrow!
