What is the section 126 deduction?
It lets you subtract health insurance premiums, preventive check-ups and, for uninsured senior citizens, medical bills from your income under the old regime. It replaced section 80D from 1 April 2026.
How to use this calculator
- Enter premiums and check-ups for yourself, your spouse and children.
- Do the same for your parents.
- Mark anyone who is 60 or older.
- Use the button to carry the deduction into the income tax calculator.
Deduction in common situations
Premium of ₹30,000 (under 60) or ₹60,000 (60+) for each group.
| Situation | Self and family | Parents | Total |
|---|---|---|---|
| Self and family under 60, parents under 60 | ₹25,000 | ₹25,000 | ₹50,000 |
| Self and family under 60, senior parents | ₹25,000 | ₹50,000 | ₹75,000 |
| Senior self and senior parents | ₹50,000 | ₹50,000 | ₹1,00,000 |