Raising a child with a disability? You can save up to Rs 1,25,000 in taxes every year - Parents of special needs children can save up to ₹1,25,000 in taxes: Here's how
· economictimes.indiatimes.com
If you're raising a child with a disability in India, the Income Tax Act has a benefit that many parents overlook. Under Section 80DD, you can claim a fixed annual deduction of up to ₹1,25,000, no matter how much you actually spent on your child's care. This isn't a reimbursement scheme — it's a flat deduction built into the tax code specifically to ease the financial load on families supporting a dependent with a disability. Here's exactly how it works and what you need to claim it. Parents of special needs children can save up to ₹1,25,000 in taxes: Here's how
These two sections often get confused, but the difference is simple. Section 80DD is claimed by you, the parent or guardian, while your child is still your depe...