What is 80d in ITR-1?

In the context of ITR-1 (Income Tax Return form for individuals with income up to ₹50 lakh), Section 80D allows taxpayers to claim deductions for premiums paid on health insurance policies. The deduction can be claimed for insurance taken for oneself, spouse, children, and parents. For individuals under 60 years, the maximum deduction is ₹25,000, while for senior citizens (60 years and above), the limit increases to ₹50,000. This deduction encourages investment in health coverage and provides tax relief.