Religare Online Travel Insurance Visa Features & Details

 explore - International Travel Insurance

Plan Detail	Explore Asia	Explore Africa	Explore Europe	Explore Canada+	Explore Gold	Explore Platinum
Geographical Scope	Asia	Africa	Europe	Worldwide Excluding US	Worldwide/ Worldwide excluding US and Canada	Worldwide /Worldwide excluding US and Canada
Sum Insured (in '000)	US $ 25, 50 & 100	US $ 25, 50 & 100	€ 30 & 100	US $ 50 & 100	$ 50, 100, 300 & 500	$ 50, 100, 300 & 500
Benefit	Deductible
Hospitalization Expenses	Yes	Yes	Yes	Yes	Yes	Yes
In-patient Care	US $ 100/€ 75	Up to SI	Up to SI	Up to SI	Up to SI	Up to SI
Life Threatening Condition for PED	US $ 100/€ 75	10% of SI	10% of SI	10% of SI	10% of SI	10% of SI
Additional SI for Accidental Hospitalization	US $ 100/€ 75	Yes, up to 100% SI	Yes, up to 100% SI	Yes, up to 100% SI	Yes, up to 100% SI	Yes, up to 100% SI
Out-patient Care	US $ 100/€ 75	20% of SI	20% of SI	30000	US $ 50,000	US $ 50,000
Daily Allowance?	2 days	US $ 25 per day, max 5 days	US $ 25 per day, max 5 days	€ 25 per day, max 5 days	US $ 25 per day, max 5 days	US $ 25 per day, max 5 days
Compassionate Visit?	-	-	-	-	-	-
Return of Minor Child	-	-	-	-	-	-
Up-gradation to Business Class?	-	US $ 1,000	US $ 1,000	750	US $ 1,000	US $ 1,000
Dental Expenses	US $ 100/€ 75	US $ 300	US $ 300	US $ 300	US $ 300	US $ 300
Personal Accident	-	US $ 15,000	US $ 15,000	10000	US $ 15,000	US $ 15,000
Common Carrier Accidental Death	-	-	-	-	-	-
Medical Evacuation?	-	US $ 10,000	US $ 10,000	30000	US $ 50,000	US $ 50,000
Repatriation of Mortal Remains	-	US $ 10,000	US $ 10,000	30000	US $ 50,000	US $ 50,000
Trip Cancellation & Interruption?	-	US $ 1,000	US $ 1,000	750	US $ 1,000	US $ 1,000
Trip Delay?	12 hours	US $ 500	US $ 500	300	US $ 500	US $ 500
Loss of Checked-in Baggage?	-	US $ 100	US $ 100	100	US $ 100	US $ 100
Delay of Checked-in Baggage?	12 hours	US $ 100	US $ 100	100	US $ 100	US $ 100
Loss of Passport?	-	US $ 300	US $ 300	250	US $ 300	US $ 300
Personal Liability	US $ 100/€ 75	US $ 100,000	US $ 100,000	75000	US $ 100,000	US $ 100,000
Trip Options
Single Trip	Yes	Yes	Yes	Yes	Yes	Yes
Multi Trip (Policy will be on annual basis)	No	No	No	No	Yes	Yes
Trip Duration (days)
Minimum	2	2	2	2	2	2
Maximum (Single Trip)	365	365	365	365	365	365
Maximum (Multi Trip)	-	-	-	-	45 or 60 days	45 or 60 days
Entry Age - Single Trip
Minimum	1 day	1 day	1 day	1 day	1 day	1 day
Maximum	No Age Bar	No Age Bar	No Age Bar	No Age Bar	No Age Bar	No Age Bar
Entry Age - Multi Trip	-	-	-	-	Yes	Yes
Minimum	-	-	-	-	1 day	1 day
Maximum	-	-	-	-	70 years	70 years
Sub-limits applicable (For age 61 years and above) As per Appendix	Yes	Yes	No	Yes	Yes	No
Family Option*	Yes	Yes	Yes	Yes	Yes	Yes

What is not covered?

Expenses arising out of or attributable to alcohol or drug use/misuse/abuse.

War and Nuclear perils or consequences thereof

Ionising Radiation or contamination arising out of the same

Any intentional self-injury, suicide or attempted suicide

Any claim relating to hazardous activities

The insured being involved in Breach of law

HIV/AIDS

FAQs

What if you cut short your trip?

No worries we can take care of that.

• Your policy can be cancelled and premium will be refunded if difference Between the date of arrival of insured and end date of policy is 15 days or more. (Cancellation charges ` 300 would be deducted)

• No cancellation will be allowed if a Claim is filed on the policy. Review your decision (only if policy is for 1 year) We have your best interests at heart and at the same time recognise that you know your needs best. Hence, after purchasing the policy, if you find it unsuitable, you can cancel and return the policy to us. Our policies come with a free-look period of 15 days from the date of receipt of policy.

What if you are a FREQUENT FLYER?

You can opt for multi trip policy if you are a frequent flyer. There are two options to choose from –

• Multi Trip with maximum 45 days per trip

• Multi Trip with maximum 60 days per trip

Choose your policy duration as per your needs In case of single trip, you can opt for a policy period up to a max. of 365 days or max. trip duration as specified under each plan. Also, if you wish to extend your policy, you can do it for a max. duration of 365 days by logging on to https://www.religarehealthinsurance.com/HP/SATYENDRAKUMARGUPTA (extension only available if policy period is less than 365 days)

What if you’re down with severe malaria but your son has to return to school?

Return of Minor Child: Covers the return cost of your minor child to your home location, in case you’re hospitalized and travelling alone with your child/children.

What if you fractured your back/spine and can’t travel economy class?

Up-gradation To Business Class: Compensates for up-gradation to business class for return air travel, in case of hospitalization for over five consecutive days, due to injury sustained whilst on a trip.

What if you want your mom to visit you while hospitalized?

2-way Compassionate Visit: Covers transportation expenses for one immediate family member to travel to the insured’s current location.

What if you wish to make a phone call to your spouse often while hospitalized?

Daily Allowance in case of Hospitalisation: Pays for (a specified amount per day of stay at the hospital) numerous allied expenses such as attendant’s meals, transportation and communication incurred but not covered under your Policy.

What if you dropped your heavy suitcase fracturing an old woman’s foot?

Personal Liability: Covers expenses against legal liability for bodily injury or property damage occurred accidentally to third parties during your trip.

What if you can’t find your passport?

Loss of Passport: Covers expenses for the issue of a new or duplicate passport.

What if regaining your Checked-In Baggage becomes a concern?

Loss of Checked-In Baggage: Covers expenses for your checked-in baggage that you lost while in custody of the Common Carrier. Delay of Checked-In Baggage: Covers expenses in case of a delay in receipt of the checked-in baggage beyond 12 consecutive hours.

What if a technical glitch caused your flight to be delayed?

Trip Delay: Covers expenses incurred if your departure is delayed beyond 12 consecutive hours due to specified reasons/issues.

What if you cancelled your trip because of a Tsunami?

Trip Cancellation & Interruption: We cover financial loss incurred out of cancellation of your trip due to an unforeseen event arising due to specified man made or natural situations.

What if you have a painful fall during your adventure trek and end up with missing teeth?

Dental Expenses: Covers dental expenses incurred in connection with any injury while on your trip.

What if the vehicle you are travelling in met with an accident?

Personal Accident: Covers any unfortunate situation arising out of an accident, death or permanent total disability, while you’re travelling abroad. What if the aircraft you’re travelling in is involved in a mid-air mishap? Common Carrier Accidental Death: Lump sum payment of Sum Insured in case of accidental death as a passenger on a common carrier/transport.

What if you have a medical emergency while mountain climbing during your trip?

Medical Evacuation: Covers all costs incurred for any emergency transportation and evacuation services, to transfer you to an appropriate medical facility within our network.

What if you contracted severe viral during your trip?

Medical Cover: Covers your hospitalization or treatment if during your travel you are diagnosed with an illness, or any previous illness reoccurs. In case you require further treatment even after your return, expenses for the same will be covered up to a period of 30 days or up to policy end date, whichever is earlier. What’s more! In case of accidental hospitalization, your policy Sum Insured is doubled.




Please call on #9811362697 for more details or click link to buy online.

PPF vs KVP vs Post Office vs Senior citizen Savings

PPF, KVP, Post Office, Senior citizen savings, Sukanya Samriddhi Interest Rate

Interest rate on Public Provident Fund (#PPF) scheme will be cut to 8.1 per cent for the period April 1 to June 30, from 8.7 per cent, at present.

Interest rate on #KVP will be cut to 7.8 per cent from 8.7 per cent, according to a Finance Ministry order.

Interest rate on Post Office savings has been retained at 4 per cent, the same for term deposits of one to five years has been cut.

Five-year National Savings Certificates will earn an interest rate of 8.1 per cent from April 1 as against 8.5 per cent, at present.

Kisan Vikas Patra or #KVP that currently provides for doubling of principal in 100 months (8 years and 4 months) will now be doubled in 110 months (9 years and 2 months) after the interest rate revision.

A five-year Monthly Income Account will fetch 7.8 per cent as opposed to 8.4 per cent now. Girl-child saving scheme, Sukanya Samriddhi Account will see interest rate of 8.6 per cent as against 9.2 per cent.

Senior citizen savings scheme of five-year would earn 8.6 per cent interest compared with 9.3 per cent.

Post Office term deposits of one, two and three years command an interest rate of 8.4 per cent but from April 1, a 1-year time deposit will get 7.1 per cent, 2-year time deposit will earn 7.2 per cent and 3-Year time deposit will attract interest of 7.4 per cent. Five-year time deposit will fetch 7.9 per cent interest in the first quarter as against 8.5 per cent while the same on five-year recurring deposit has been slashed to 7.4 per cent from 8.4 per cent.

LIC New Jeevan Pragati Table no 838 Details

This is a non-linked, with-profits Endowment Assurance plan. The main feature of this Jeevan Pragathi 838 plan is the ‘sum assured on death’ (part of death benefit) automatically increases after every five years during the term of the policy.

Key Features & Eligibility Conditions of LIC Jeevan Pragati Plan

ELIGIBILITY CONDITIONS AND RESTRICTIONS

• Minimum Basic Sum Assured (payable on maturity) : Rs. 1,50,000/-
• Maximum Basic Sum Assured : No Limit (Maturity Sum Assured shall be in multiple of Rs. 10,000/- only)
• Minimum Policy Term : 12 years
• Maximum Policy Term  : 20 years
• Minimum Age at entry for Life Assured : 12 years (completed)
• Maximum Entry Age : 45 years (nearer birthday)
• Maximum Age at Maturity for Life Assured : 65 years
• Premium payment mode : Yearly, half-yearly, quarterly & monthly.
• Accidental Death & Disability Benefit Rider is available on payment of additional premium.
  • Minimum Accident Benefit Sum Assured is Rs 10,000
  • Maximum Accident Benefit Sum Assured is an amount equal to the Basic Sum Assured subject to the maximum of Rs 1 cr.
  • Minimum entry age for the rider is 18 years

Benefits under LIC’s Jeevan Pragati policy

• Death Benefit under Jeevan Pragati Plan : On death of the Life Assured during the policy term, the Death Benefit  which is ‘Sum Assured on Death’ + Vested Simple Reversionary Bonuses + Final additional bonus, if any, shall be payable to the nominee. The Sum assured on death automatically increases every fiver years. Where “Sum Assured on Death” is defined as the higher of  a) 10 times of annualized premium (or) b) Absolute amount assured to be paid on death, which is as under;
  • i) During the first five policy years : 100% of the Basic Sum Assured.
  • ii) During 6th to 10th policy years : 125% of the Basic Sum Assured.
  • iii) During 11th to 15th policy years : 150% of the Basic Sum Assured.
  • iv) During 16th to 20th policy years : 200% of the Basic Sum Assured.
• Maturity Benefit payable under LIC Jeevan Pragati Policy : On survival to the end of the policy term, the maturity benefit which is ‘Sum Assured on Maturity’ + Simple Reversionary Bonuses + Final Additional bonus (FAB) if any, shall be payable to the policy holder. Sum Assured on Maturity is equal to Basic Sum Assured.
• Final Additional Bonus shall not be payable under paid-up policies..
• The Bonuses shall be declared on the Basic Sum Assured.
• The date of commencement of risk under Jeevan Pragati plan will be immediately from the date of issuance of policy.

MODE OF PREMIUM PAYMENT:

  The modes of premium payment allowable are Yearly. Half Yearly. Quarterly, and Monti (ECS only or through salary deductions).

GRACE PERIOD FOR PAYMENT OF PREMIUM:

• A grace period of one calendar month but not less than 30 days will be allowed for Quarterly, Half Yearly  and Yearly premium paid and 15 days for monthly mode of payment.
• If the death of the Life Assured occurs within the grace period but before the premium then due, the policy will be treated as in-force and the benefits will be paid deduction of the said unpaid premium and also the unpaid premiums falling due before next policy anniversary
• If premium is not paid before the expiry of the days of grace, the policy lapses.
• If the Policy has not lapsed and the claim is admitted in case of death under the where the mode of payment of premium is other than yearly, unpaid premium(s).
• The above grace period will also apply to rider premium as the rider premium is to be along with the premium of the base plan.

REBATES:

The rebates for base plan are as under:

Mode Percentage

• Yearly mode : 2% of tabular premium
• Half-yearly mode : 1% of tabular premium
• Quarterly and monthly mode : NIL

High Basic Sum Assured Rebate:

• 1,50,000 to 2,90,000 : Nil
• 3.00,000 to 4,90,000 : 1.50 % B.S.A
• 5,00,000 to 9.90.000 : 2.00 % B.S.A
• 10.00.000 and above : 2.25 %° B.S.A
• BSA –  Basic Sum Assured

Lic Jeevan Pragati Plan 838

LIC New Jeevan Pragati Payment Plan 838 Details

Lic New Jeevan Pragati Plan Table 838 Features

Lic Jeevan Pragati Plan 838 Premium Calculator

Other Plans :   LIC Jeevan Anand Policy Table 815, LIC New Endowment Plan 814

LIC vs PPF & LIC Jeevan Anand Vs PPF Comparison

LIC Jeevan Shikhar Single Premium Plan 837 Features

LIC Jeevan Shikhar Plan 837 Features and Benefits

Plan 837 Jeevan Shikhar is extended up to 9th May  2016.

Jeevan Shikhar is a single premium plan wherein life assured will have an option to choose the amount of Sum Assured and the premium payable shall depend on the chosen amount and entry age of life assured.

Features

• Minimum Entry Age of Life Assured : 6 years (completed)
• Maximum Entry Age of Life Assured : 45 years (nearer birthday)
• Sum Assured on Death : 10 times of tabular single premium
• Minimum Maturity Sum Assured  : Rs.1,00,000/-
• Maximum Maturity Sum Assured : No Limit (Maturity Sum Assured shall be in multiple of Rs.20,000/- only)
• Policy Term : 15 years
• Premium payment mode : Single premium only

Death Benefits

On Death during the First 5 years of Policy

Before the Commencement of Risk:  In case life assured dies before the commencement of the risk, single premium amount without any interest will be refunded to the nominee.

After the Commencement of Risk: In case life assured dies after the risk is commenced, an amount equal to 10 times of tabular single premium will be payable to the nominee.

On Death after first 5 but before maturity of the Policy

In case life assured dies after first 5 years of policy but before maturity of the policy, an amount equal to 10 times of tabular single premium along with Loyalty Additions, if any, will be payable to the nominee.

Maturity Benefits

On life assured survives throughout the policy term, than Sum Assured on Maturity along with Loyalty Additions, if any, shall be paid.

LOAN: Loan facility shall be available under the plan at any time during the policy term after. 3 months from the date of acceptance of risk or after expiry of the free-look period, whichever is later. Depending on the age at entry, the maximum loan that can be granted as a percentage of surrender value for different policy terms are as under:

Policy year	Maximum Loan Amount as a % of surrender value for age at entry <=35	Maximum Loan Amount as a % of surrender value for age at entry >35 years.
*3 month  to 3rd	55%	35%
4th  to 6th	65%	50%
7th  to 9th	75%	70%
10th  to 12th	80%	80%
13th to 15th	85%	85%

*3 month means loan can be availed after three months from Date of acceptance of risk or after expiry of the Free-look period, whichever is later.

SURRENDER VALUE:

The policy can be surrendered at any time during the policy year.  The Guaranteed Surrender Value allowable shall be as under:

·         First year: 70% of the Single Premium.

·         Thereafter: 90% of the Single Premium.

Single Premium mentioned above shall not include any extra amount if charged under the policy due to underwriting decision and taxes.

The Corporation shall pay Special Surrender Value as applicable as on date of surrender provided the same is higher than Guaranteed Surrender Value.

If the policy is surrendered after completion of five policy years applicable Loyalty Addition, if any, shall also be payable.

Tax: Statutory Taxes, if any, imposed on such insurance plans by the Govt. of India or any other constitutional tax Authority of India shall be as per the Tax laws and the rate of tax as applicable from time to time.

The amount of  Service Tax payable as per the prevailing rates shall be payable by the policyholder on single premium including extra amount if charged under the policy due to underwriting decision, which shall be collected separately over and above in addition to the premium payable by the policyholder. The amount of Tax paid shall not be considered for the calculation of benefits payable under the plan.

Other conditions and policy features

Policy can be surrendered at any time during the policy term: First year- 70% of Single Premium, Thereafter-90% of Single premium

1. Loan facility is available under this plan, after 3 months of the issuance of the policy.
2. Policy can be taken from back date up to same financial year
3. Nomination and assignment in this policy is available.
4. This plan is available for sale up to 31/03/2016.

 

Related Plans :  LIC Single Premium Endowment Plan - 817 , Lic Jeevan Sangam Single Premium Payment Plan Table No 831

LIC JEEVAN LABH Table No 836 ENDOWMENT PLAN

LIC JEEVAN LABH- (T. NO.836) Plan

✅ This is a ltd. Premium Paying non linked with profit endowment plan.

✅ On Death - S.A + BONUS + FAB
SA NOT LESS THAN 105% OF TOTAL PREMIUM PAID AS ON DATE OF DEATH.

✅ Maturity Benefit-
SA ON MATURITY + BONUS + FAB

✅ TR & DAB IS OPTIONAL

✅ Min Age @ entry- 8 years completed

✅ Max maturity Age-75 nbd

✅ Term & premium paying term -16 (10), 21 (15), 25 (16)

✅ Min SA 2 LAC. Then in multiplication of 10,000.

✅ MAXI. NO LIMIT.

✅ Commencement of risk- immediate.

✅ Modes allowed.
ALL With ECS & SSS.

✅ Loan - yes.

✅ Back dating allowed.

✅ PROPOSAL FORMS 302/342/362 AS APPLICABLE.

LIC Jeevan Labh Premium Chart 

Jeevan Labh Premium Chart

80C for FY 2014-15 for FY 2015-16

Income Tax Guide - Section 80 Deductions (For FY 2014-15 (with changes listed for FY 2015-16))
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Deductions on Section 80C, 80CCC & 80CCD

Section 80C
 The deduction under section 80C is allowed from your Gross Total Income. These are available to an Individual or a HUF. The deduction is allowed for various investments, expenses and payments.
 Total Deduction under section 80C, 80CCC and 80CCD (1) together cannot exceed Rs 1, 50,000 for the financial year 2014-15 (assessment year 2015-16). The limit for financial year 2015-16 is also Rs 1, 50,000.

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Section 80CCC: Deduction in respect of Premium Paid for Annuity Plan of LIC or Other Insurer

This section provides deduction to an Individual for any amount paid or deposited in any annuity plan of LIC or any other insurer for receiving pension from a fund referred to in Section 10(23AAB).
 In case the annuity is surrendered before the date of its maturity, the surrender value is taxable in the year of receipt.

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Section 80CCD: Deduction in respect of Contribution to Pension Account

For FY 2014-15 (assessment year 2015-16)
 Total Deduction under Section 80C, 80CCC and 80CCD (1) cannot exceed Rs 1, 50,000.
 For FY 2015-16 (assessment year 2016-17)
 A new section 80CCD (1B) has been introduced to provide for additional deduction for amount contributed to NPS of up to Rs 50,000.
 Therefore for financial year 2015-16, Total Deduction under Section 80C, 80CCC, 80CCD (1) and 80 CCD (1B) cannot exceed Rs 2, 00,000.
 From assessment year 2012-13, employer's contribution under section 80CCD (2) towards NPS is outside the monetary ceiling mentioned above.

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Deductions on Savings Bank Account

Section 80 TTA: Deduction from gross total income with respect to any Income by way of Interest on Savings account

Deduction from gross total income of an individual or HUF, up to a maximum of Rs. 10,000/-, in respect of interest on deposits in savings account with a bank, co-operative society or post office. Section 80TTA deduction is not available on interest income from fixed deposits.

Section 80GG: Deduction with respect to House Rent Paid
 • This deduction is available for rent paid when HRA is not received. Assesses or his spouse or minor child should not own residential accommodation at the place of employment.
 • Assesses should not be in receipt of house rent allowance.
 • He should not have self occupied residential premises in any other place.
 Deduction available is the least of
 1. Rent paid minus 10% of total income
 2. Rs. 2000/- per month
 3. 25% of total income

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Section 80E: Deduction with respect to Interest on Loan for Higher Studies

Deduction in respect of interest on loan taken for pursuing higher education. This loan is taken for higher education for the assesses, spouse or children or for a student for whom the assesses is a legal guardian.

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Section 80EE: Deductions on Home Loan Interest for First Time Home Owners

This section provided deduction on the Home Loan Interest paid and is valid for financial years 2013-14 & 2014-15 (Assessment year 2014-15 and 2015-16) only. The deduction under this section is available only to Individuals for first house purchased where the value of the house is Rs 40lakhs or less and loan taken for the house is Rs 25lakhs or less. And the Loan has been sanctioned between 01.04.2013 to 31.03.2014. The total deduction allowed under this section is Rs 1, 00,000.

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Section 80CCG: Rajiv Gandhi Equity Saving Scheme (RGESS)

The Rajiv Gandhi Equity Saving Scheme (RGESS) was launched after the 2012 Budget. Investors whose gross total income is less than Rs. 12 lakhs can invest in this scheme. Upon fulfillment of conditions laid down in the section, the deduction is lower of - 50% of amount invested in equity shares or Rs 25,000.

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Section 80D: Deduction in respect of Medical Insurance

For financial year 2014-15 - Deduction is available up to Rs. 15,000/- to an assesses for insurance of self, spouse and dependent children. If individual or spouse is more than 60 years old the deduction available is Rs 20,000. An additional deduction for insurance of parents (father or mother or both) is available to the extent of Rs. 15,000/- if less than 60 years old and Rs 20,000 if parents are more than 60 years old. Therefore, the maximum deduction available under this section is to the extent of Rs. 40,000/-. (From AY 2013-14, within the existing limit a deduction of up to Rs. 5,000 for preventive health check-up is available).
 For financial year 2015-16 – Deduction is raised from Rs 15,000 to Rs 25,000. The deduction for senior citizens is raised from Rs 20,000 to Rs 30,000. For uninsured super senior citizens (more than 80 years old) medical expenditure incurred up to Rs 30,000 shall be allowed as a deduction under section 80D. However, total deduction for health insurance premium and medical expenses for parents shall be limited to Rs 30,000.

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Deductions on Medical Expenditure for a Handicapped Relative

Section 80DD: Deduction in respect of Rehabilitation of Handicapped Dependent Relative
 Deduction is available on:
 1. expenditure incurred on medical treatment, (including nursing), training and rehabilitation of handicapped dependent relative
 2. Payment or deposit to specified scheme for maintenance of dependent handicapped relative.
 Where disability is 40% or more but less than 80% - fixed deduction of Rs 50,000. Where there is severe disability (disability is 80% or more) – fixed deduction of Rs 1, 00,000.A certificate of disability is required from prescribed medical authority.
 Note: A person with 'severe disability' means a person with 80% or more of one or more disabilities as outlined in section 56(4) of the 'Persons with disabilities (Equal opportunities, protection of rights and full participation)' Act.
 For financial year 2015-16 – The deduction limit of Rs 50,000 has been raised to Rs 75,000 and Rs 1, 00,000 has been raised to Rs 1, 25,000.

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Deductions on Medical Expenditure on Self or Dependent Relative

Section 80DDB: Deduction in respect of Medical Expenditure on Self or Dependent Relative
 A deduction to the extent of Rs. 40,000/- or the amount actually paid, whichever is less is available for expenditure actually incurred by resident assesses on himself or dependent relative for medical treatment of specified disease or ailment. The diseases have been specified in Rule 11DD. A certificate in form 10 I is to be furnished by the assesses from any Registered Doctor.
 In case of senior citizen the deduction can be claimed up to Rs 60,000 or amount actually paid, whichever is less.
 For financial year 2015-16 – for very senior citizens Rs 80,000 is the maximum deduction that can be claimed.

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Section 80U: Deduction with respect to Person suffering from Physical Disability

Deduction of Rs. 50,000/- to an individual who suffers from a physical disability (including blindness) or mental retardation. Further, if the individual is a person with severe disability, deduction of Rs. 100,000/- shall be available u/s 80U. Certificate should be obtained from a Govt. Doctor. The relevant rule is Rule 11D.
 For financial year 2015-16 – The deduction limit of Rs 50,000 has been raised to Rs 75,000 and Rs 1, 00,000 has been raised to Rs 1, 25,000.

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Section 80G: Deduction for donations towards Social Causes

The various donations specified in Sec. 80G are eligible for deduction up to either 100% or 50% with or without restriction as provided in Sec. 80G. 80G deduction not applicable in case donation is done in form of cash for amount over Rs 10,000.
 Donations with 100% deduction without any qualifying limit:
 • National Defense Fund set up by the Central Government
 • Prime Minister's National Relief Fund
 • National Foundation for Communal Harmony
 • An approved university/educational institution of National eminence
 • Zila Saksharta Samiti constituted in any district under the chairmanship of the Collector of that district
 • Fund set up by a State Government for the medical relief to the poor
 • National Illness Assistance Fund
 • National Blood Transfusion Council or to any State Blood Transfusion Council
 • National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities
 • National Sports Fund
 • National Cultural Fund
 • Fund for Technology Development and Application
 • National Children's Fund
 • Chief Minister's Relief Fund or Lieutenant Governor's Relief Fund with respect to any State or Union Territory
 • the Army Central Welfare Fund or the Indian Naval Benevolent Fund or the Air Force Central Welfare Fund, Andhra Pradesh Chief Minister's Cyclone Relief Fund, 1996
 • The Maharashtra Chief Minister's Relief Fund during October 1, 1993 and October 6,1993
 • Chief Minister's Earthquake Relief Fund, Maharashtra
 • Any fund set up by the State Government of Gujarat exclusively for providing relief to the victims of earthquake in Gujarat
 • Any trust, institution or fund to which Section 80G(5C) applies for providing relief to the victims of earthquake in Gujarat (contribution made during January 26, 2001 and September 30, 2001) or
 • Prime Minister's Armenia Earthquake Relief Fund
 • Africa (Public Contributions — India) Fund
 • Swachh Bharat Kosh (applicable from financial year 2014-15)
 • Clean Ganga Fund (applicable from financial year 2014-15)
 • National Fund for Control of Drug Abuse (applicable from financial year 2015-16)
 Donations with 50% deduction without any qualifying limit.
 • Jawaharlal Nehru Memorial Fund
 • Prime Minister's Drought Relief Fund
 • Indira Gandhi Memorial Trust
 • The Rajiv Gandhi Foundation
 Donations to the following are eligible for 100% deduction subject to 10% of adjusted gross total income
 • Government or any approved local authority, institution or association to be utilized for the purpose of promoting family planning
 • Donation by a Company to the Indian Olympic Association or to any other notified association or institution established in India for the development of infrastructure for sports and games in India or the sponsorship of sports and games in India.

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Donations to the following are eligible for 50% deduction subject to 10% of adjusted gross total income

• Any other fund or any institution which satisfies conditions mentioned in Section 80G(5)
 • Government or any local authority to be utilized for any charitable purpose other than the purpose of promoting family planning
 • Any authority constituted in India for the purpose of dealing with and satisfying the need for housing accommodation or for the purpose of planning, development or improvement of cities, towns, villages or both
 • Any corporation referred in Section 10(26BB) for promoting interest of minority community
 • For repairs or renovation of any notified temple, mosque, gurudwara, church or other place.

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Section 80GGB: Deduction in respect of contributions given by companies to Political Parties

Deduction is allowed to an Indian company for amount contributed by it to any political party or an electoral trust. Deduction is allowed for contribution done by any way other than cash.
 Political party means any political party registered under section 29A of the Representation of the People Act. Contribution is defined as per section 293A of the Companies Act, 1956.

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Section 80GGC: Deduction in respect of contributions given by any person to Political Parties

Deduction is allowed to an assesses for any amount contributed to any political party or an electoral trust. Deduction is allowed for contribution done by any way other than cash.
 Political party means any political party registered under section 29A of the Representation of the People Act.

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Section 80RRB: Deduction with respect to any Income by way of Royalty of a Patent

Deduction in respect of any income by way of royalty is respect of a patent registered on or after 01.04.2003 under the Patents Act 1970 shall be available up to Rs. 3 lacs or the income received, whichever is less. The assesses must be an individual resident of India who is a patentee. The assesses must furnish a certificate in the prescribed form duly signed by the prescribed authority.

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In the Finance Budget 2015 have some changes , but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised the some Tax Section which is given below :-

1 U/s 80 U :- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25000/- for more than 80%.

2. U/s 10 Transport/Traveling Allowance :- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance :- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme :- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment :- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C :- One New deduction has incorporated as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 15000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.

8. U/s 87A :- Tax Rebate Rs. 2,000/- is also entitled in this financial year as before.