The government of India has introduced certain section under tax laws which provides tax benefits for people with disabilities.

In the above article, you can find the details about the 80DD and 80U tax benefits. Budget 2022 has added and introduced a new tax benefit for parents/guardians of people with disabilities. The new tax is proposed to be added under 80DD. As per the new tax sop, if a parent/guardian of buys a savings life insurance policy with the latter as the beneficiary then the parent/guardian would be eligible for deduction from gross income before tax subject to certain conditions. (Economics times). To know more check, https://cleartax.in/s/who-can-claim-deduction-under-section-80dd and https://cleartax.in/s/section-80u-deduction

The infographic above provides information on the requirements for applying for the tax benefits, types of disabilities recognised for accessing the benefits and the deduction amount.

Also, check out the article on How to apply for legal guardianship for children with special needs? and also How to apply for disability certificate in India.

Acknowledgement: We would like to thank Jitendra Solanki for providing us with information on the latest tax update.

If you have questions about Autism, Down Syndrome, ADHD, or other intellectual disabilities, or have concerns about developmental delays in a child, the Nayi Disha team is here to help. For any questions or queries, please get in touch with our FREE Helpline at 844-844-8996. You can call or what’s app us. Our counselors speak different languages including English, Hindi, Malayalam, Gujarati, Marathi, Telugu, and Bengali.

DISCLAIMER: Please note that this article is for information purposes only.