As per Section 17 only in following two cases medical insurance preimum are tax free perk.
a) any portion of medical insurance premium paid by employer directly to the insurance company for the health of employee.
b) any medical insurance premium paid by employer in respect of preimum paid by employee for the health of his/her family member.
Can anybody clarify whether medical insurance premium directly paid by employer to insurance company for the health of employee's family member fall under the taxable perk category or not?
a) any portion of medical insurance premium paid by employer directly to the insurance company for the health of employee.
b) any medical insurance premium paid by employer in respect of preimum paid by employee for the health of his/her family member.
Can anybody clarify whether medical insurance premium directly paid by employer to insurance company for the health of employee's family member fall under the taxable perk category or not?