Tax Relief to Family Members of Persons with Disabilities
Incurs expenditure for the medical treatment (including nursing), training and rehabilitation of a dependant, being a person with disability
List of Income Tax
Income Tax 80DD Deduction: Dependant who is a Person With Disability
Income Tax 80DD Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
Income Tax 80U Deduction for Persons with Disabilities
Income Tax 80U Deduction for Persons with Disabilities – In computing the total income of an individual, being a resident, who, at any time during the previous year, is certified by the medical authority to be a person with disability, there shall be allowed a deduction of a sum of fifty thousand rupees
10D : Life Insurance Policies of Persons with Disability
Raising the limit of percentage of eligible premium for life insurance policies of persons with disability or disease
Doubling of tax exemptions for differently-abled
The minister was speaking on the sidelines of the 13th national meeting of State Commissioners for Persons with Disabilities to review the implementation of Persons with Disabilities Act, 1995.
Raise Income tax slab for disabled people
Disabled Rights Group (DRG), Delhi, has urged finance minister Arun Jaitley to increase the income tax slab for disabled people and for those who have dependents with disability.
Section 80U Tax Rebate (India) : Persons with Disabilities
Disabled persons can get a flat deduction on Income Tax on producing their disability certificate. If disability is severe Rs 1 lakh can be claimed else Rs 50,000
Section 80DD – Medical Treatment of Handicapped Dependents
Deduction u/s 80DD can be claimed if you are incurring expenditure for maintenance including medical treatment of a handicapped dependent who is person with disability. The amount deductible is a fixed deduction of Rs. 50,000 whenever the conditions specified above are satisfied, irrespective of the amount incurred or deposited.
Income Tax Rates concessions
Any expenditure for Medical, Nursing & Rehabilitation incurred on dependant suffering from permanent disability including blindness, mental retardation, autism, cerebral palsy or multiple disabilities.Any income by way of Dividends from company, Income received in respect of units from the Unit Trust of India, Income received in respect of the units of a mutual fund are exempt.
Scheme of Integrated Education for the Disabled Children
The Scheme of Scholarship is operated by union Ministry of Social Justice and Empowerment through State Governments to disabled persons from the 9th class
onwards for general technical or professional education. The scholarship is awarded all kinds of handicapped students subject to their obtaining of at least 40% marks at the last annual examination.