Budget 2026 Wishlist: Why Section 80D tax deduction for health insurance premium should be allowed in new tax regime
Budget 2026 is urged to boost health insurance tax deduction limits. Experts advocate for extending these benefits to the new tax regime. This move aims to ease financial burdens from rising medical costs. Tax credits are also suggested as a more equitable alternative. International examples show successful health insurance incentives. The goal is to encourage protection-focused insurance for more citizens.